Question: Clover, Inc. purchased two assets during the current year (a full 12-month tax year). Clover placed in service computer equipment (5-year property) on August 10

Clover, Inc. purchased two assets during the current year (a full 12-month tax year). Clover placed in service computer equipment (5-year property) on August 10 with a basis of $20,000 and machinery (7-year property) on November 18 with a basis of $10,000. Calculate the maximum depreciation expense, rounded to a whole number (ignoring 179 and bonus depreciation):

		$5,429
		$857
		$3,357
		$6,000
		None of these

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