SusanSusan

acquired business machinery(which qualified as 1010-year

MACRSproperty) on July15,20122012,

for $ 25 comma 000$25,000.

In 20122012,

SusanSusan

claimed a $ 2 comma 500$2,500

regular MACRS depreciation deduction and she elected not to claim Sec. 179 depreciation or bonus depreciation. Because of net operating losses in 20132013minus20152015,

SusanSusan

did not claim any depreciation deduction on her tax returns in those years. She sells the machine on July1,20152015,

for $ 20 comma 000$20,000.