Question
Year 3 Year 5 Year 7 Year 1 33.33% 20.00% 14.29% 2 44.45% 32.00% 24.49% 3 14.81% 19.20% 17.49% 4 7.41% 11.52% 12.49% 5 11.52%
Year | 3 Year | 5 Year | 7 Year |
|
1 | 33.33% | 20.00% | 14.29% |
|
2 | 44.45% | 32.00% | 24.49% |
|
3 | 14.81% | 19.20% | 17.49% |
|
4 | 7.41% | 11.52% | 12.49% |
|
5 |
| 11.52% | 8.93% |
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6 |
| 5.76% | 8.92% |
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7 |
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| 8.93% |
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8 |
|
| 4.46% |
|
9 |
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10 |
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11 |
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12 |
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13 |
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14 |
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15 |
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AssetCostDate
Office Table$1,000January 1, 2012
Office Desk1,500September 29, 2012
File Cabinet2,000October 15, 2012
Computer6,000December 31, 2012
What is the maximum 2012 Section 179 deduction for these purchases?
a.$10,500
b.$2,500
c.$8,000
d.$0
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Intermediate Accounting Volume 2
Authors: Hanlon, Hodder, Nelson, Roulstone, Dragoo
2nd Edition
1618533134, 9781618533357
