Piper Production, Inc. purchases a new high volume paper shredder for use in their document management department for $20,000 on November 7, 2020, during the last quarter of the year. It was the only piece of depreciable property placed in service during the year. The paper shredder is 7-year MACRS property, the Section 179 election to expense was not exercised. What is Pipers depreciation deduction on the paper shredder for 2020?

Group of answer choices

a)$714.

b)$2,498.

c)2,812.

d)$2,980.