Question
Yeezy, LLC purchased and placed in service the following property: - Computers, 11/23/17, $150,000 - Manufacturing Machinery, 10/31/18, $250,000 - Copy Machine, 7/1/19. $75,000 On
Yeezy, LLC purchased and placed in service the following property:
- Computers, 11/23/17, $150,000
- Manufacturing Machinery, 10/31/18, $250,000
- Copy Machine, 7/1/19. $75,000
On 3/31/20, Yeezy, LLC disposes of the computers.
Assuming Yeezy, LLC has no other assets and took no bonus or Section 179 expense, what is its 2020 depreciation expense?
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Operational Assessment Of IT Internal Audit And IT Audit
Authors: Steve Katzman
1st Edition
0367567946, 978-0367567941
