ON SEPTEMBER IST, HELEN PURCHASED A $200,000 TRADEMARK FOR HER BUSINESS. THE TRADEMARK HAS AN ESTIMATED LIFE OF 20 YEARS. WHAT IS HER AMORTIZATION EXPENSE? $13,333 $4,444 $10,000 $3,333 QUESTIONS BOBBY MADE A SIGNIFICANT INVESTMENT IN A NEW PIECE OF INDUSTRIAL EQUIPMENT (7-YEAR PROPERTY) DURING THE YEAR THE CAPITALIZED COST OF THE EQUIPMENT WAS $2.85 MILLION HE DID NOT PLACE ANY OTHER ASSETS INTO SERVICE DURING THE YEAR HIS BUSINESS INCOME BEFORE ANY $ 179 DEPRECIATION WAS S2 MILLION, ASSUMING THE HALF-YEAR CONVENTION APPLIES WHAT WOULD HIS DEPRECIATION DEDUCTION USING ONLY SEC 179 (INCLUDE ANY ADDITIONAL MACRS DEPRECIATION, IF APPLICABLE)? WHAT WOULD BE HIS DEPRECIATION DEDUCTION USING ONLY FIRST-YEAR BONUS DEPRECIATION? [USE THE TABLES PROVIDED IN CLASS $780,000 Sec. 179: 2,850,000 first-year bonus $1,298,649 Sec. 179; $2,442,735 first-year bonus $1,040,000 Sec. 179: $2,850,000 first-year bonus O $1,075,803 Sec. 179; $2,850,000 first-year bonus