Question: Data Corp., a calendar-year corporation, purchased and placed into service office equipment during October 2010. No other equipment was placed into service during 2010. Under
Data Corp., a calendar-year corporation, purchased and placed into service office equipment during October 2010.
No other equipment was placed into service during 2010.
Under the general MACRS depreciation system, what convention must Data use?
a. Full-year.
b. Half-year.
c. Midquarter.
d. Midmonth.
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