Question: ABC Corp bought a production machine on January 1, 2013 for $31,250. The company elected out of Section 179 expensing and elected out of claiming

ABC Corp bought a production machine on January 1, 2013 for $31,250. The company elected out of Section 179 expensing and elected out of claiming bonus depreciation in 2013, and is depreciating the machine using the MACRS accelerated depreciation tables for 5-year property. What is the 2015 depreciation (year 3) deduction for the machine?

$6,000 $6,250 $12,500 $10,000 None of these choices are correct.

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