At the beginning of 2016, AB Corporation (a calendar-year corporation) owned the following assets:

On February 1, 2016, AB sold its office furniture. On March 15, 2016, AB sold its computer equipment. Compute AB Corporation's 2016 depreciation deduction for these two assets.

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Office Furniture Computer Equipment 4/15/12 Date placed in service 11/15/13 Initial cost Accumulated depreciation Recovery period Averaging convention S20,000 $10,160 7years S10,000 S8,272 5years Mid-quarter Half-year