Question: ABC Corp bought a production machine on January 1, 2012 for $31,250. The company elected out of Section 179 expensing & elected out of claiming

ABC Corp bought a production machine on January 1, 2012 for $31,250. The company elected out of Section 179 expensing & elected out of claiming bonus depreciation in 2012 & is depreciating the machine using the MACRS accelerated depreciation tables for 5-year property. What is the 2014 depreciation year 3 deduction for the machine?

A.$6,000

B.$6,250

C.$10,000

D.$12,500

E.None of the other choices are correct

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