Scranton Inc (a calendar-year corporation) purchased a delivery truck for $60,000 on December 1, 2018 and sold the truck on February 1, 2020. This was the only acquisition for the year in 2018. What is maximum depreciation allowed for 2020? [Assume (1) Section 179 and bonus depreciation does not apply and (2) this is not a luxury automobile].

Use the appropriate IRS Depreciation Table (Tables A-1 through A-7) in Appendix A (linked in notes) to answer this question. Note, a delivery truck has a five-year recovery period.

Please answer with good explanation. Thx