Question
Topher owns and operates a gym. In 2021, he purchased and placed the following new asset into service for his business: March 17, a $1,700
Topher owns and operates a gym. In 2021, he purchased and placed the following new asset into service for his business:
March 17, a $1,700 sound system
July 4, a $ 500 desk
September 2,a 2,000 computer
He did not opt out of bonus deprecation. What is the total 2021 depreciation for the desk?
1. $89
2. $117
3. $250
4.$500
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The Impact Of Globalization On International Finance And Accounting
Authors: David Procházka
1st Edition
3319687611, 9783319687612
