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Lax, LLC purchased only one asset during the current year (a full 12-month tax year). Lax placed in service computer equipment (5-year property) on August

Lax, LLC purchased only one asset during the current year (a full 12-month tax year). Lax placed in service computer equipment (5-year property) on August 26 with a basis of $34,000. Calculate the maximum depreciation expense for the current year? (ignoring 179 and bonus depreciation). (Use MACRS Table 1) Multiple Choice $4,800. $5,658. $5,800. $6,800. None of the choices are correct.

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