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Maria acquires and places in service a machine for ( $ 50,000 ) to be used in her business. Maria does not take bonus depreciation
Maria acquires and places in service a machine for \\( \\$ 50,000 \\) to be used in her business. Maria does not take bonus depreciation or 179 expense. Instead, Maria property takes depreciation in the first two years totaling \\$19,390. However, because of a net operating loss in Year 3, Maria chooses not to take depreciation on the tax return. The allowable depreciation in Year 3 was \\( \\$ 8,745 \\). At the end of Year 3 , what is the adjusted basis of the machine? \\( \\$ 50,000 \\). \\( \\$ 0 \\). \\( \\$ 30,610 \\). \\( \\$ 21,865 \\)
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