8. Data, Inc., purchased and placed in service a $5,000 computer on August 24, year 3.

This is the only asset purchase during the year. Code § 179 expensing and bonus depreciation were not elected. The computer was sold during year 5. Using the excerpt of the MACRS half-year convention table below, what is the MACRS depreciation in year 5 for the computer?

Recovery Period 5-Year 7-Year 10-Year 1 20% 14.29% 10%

2 32% 24.49% 18%

3 19.2% 17.49% 14.4%

a. $360

b. $437

c. $480

d. $960