Question
Sara Corp purchased and placed in service the following property in 2019: Commercial Building, 3/23, $5,600,000 Computer Equipment, 9/30, $75,000 Furniture, 10/1, $55,000 Assuming there
Sara Corp purchased and placed in service the following property in 2019:
Commercial Building, 3/23, $5,600,000
Computer Equipment, 9/30, $75,000
Furniture, 10/1, $55,000
Assuming there was no bonus or179 expense in 2019, what is Sara Corp's 2020 depreciation deduction?
a.
$244,269
b.
$184,237
c.
None of these
d.
$127,062
e.
$181,054
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Financial Accounting IFRS
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
2nd edition
1118285909, 1118285905, 978-1118285909
