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QUESTION 10 Dylan purchased a 7-year asset (business equipment) in March, Yeat at a cost of $15,000. He depreciated the asset using MACRS under the

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QUESTION 10 Dylan purchased a 7-year asset (business equipment) in March, Yeat at a cost of $15,000. He depreciated the asset using MACRS under the half-year convention. He sold the equipment in August, Year 4. Assuming he did not clect Sen. 179 treatment and did not take bonus depreciation in the year of purchase, what is his MACRS deduction in Year 4 (the year of the sale)? 0.50 - no depreciation is taken in the year of sale or disposal b. 51,874 c. 51.689 d.S 937

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