9. Data, Inc., purchased and placed in service $5,000 of office furniture on August 24, year 3. This is the only asset purchase during the year. Code § 179 expensing and bonus depreciation were not elected. Using the excerpt of the MACRS half-year convention table below, what is the MACRS depreciation in year 3 for the office furniture?

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. $500

b. $715

c. $875

d. $1,000