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QUESTION 32 Which of the following assets would be allowed a depreciation deduction? 1. Furniture and fixtures used in a dentist's office. 11. Inventory used

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QUESTION 32 Which of the following assets would be allowed a depreciation deduction? 1. Furniture and fixtures used in a dentist's office. 11. Inventory used in business operations. III. An apartment building rented out for the production of rental income. IV. A personal use computer of the taxpayer used to monitor investment activity. V. A leased high-speed digital copy machine used in the business. A. Statements and I are correct. B. Statements I, II and III are correct. OC Only statements I and V are correct. OD. Statements I and III are correct. OE. All of the assets are depreciable

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