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Smalls Pty Ltd is a photography business which is also a small business entity. On the 1 July 2021, it acquired a laser printer costing

Smalls Pty Ltd is a photography business which is also a small business entity. On the 1 July 2021, it acquired a laser printer costing $11,000 (5-year life) and some camera equipment costing $10,000 (8-year life) for 100% use in the business. The maximum depreciation deduction that can be claimed by Smalls Pty Ltd in relation to the above assets for the 2021/22 tax year is:

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$6,900

$21,000

$4,400

$2,500

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