total depreciation- A hotel purchased a new office desk on April 15,2018 and new executive style chairs for the office ln August 5,2018. rhe office desk cost $950, and the chairs coat $1900.

determine the total depreciation amount for 2020 assuming the taxpayer opted out of Sec. 179 and bouns (if available) in the year of purchase. in addition, assume all taxpayers use a calendar year tax period and that the property mentioned was the only property purchased in the year of acquisition.

1. $407

2. $547

3. $498

4. $478