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Vaughan owns and operates a daycare. In 2023, he purchased and placed the following new assets into service for his business: February 4, a $1,250
Vaughan owns and operates a daycare. In 2023, he purchased and placed the following new assets into service for his business:
February 4, a $1,250 karaoke Vaughan owns and operates a daycare. In 2023, he purchased and placed the following new assets into service for his business:
February 4, a $1,250 karaoke system.
June 16, a $600 table.
August 2, a $1,000 iPad.
He did not opt out of bonus depreciation. What is the total depreciation for the karaoke system?
$357
$500
$1,000
$1,250
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