Question: During 2 0 2 4 , calendar year Corp. A purchases and immediately places in service assets as set out below. May 1 7 Office

During 2024, calendar year Corp. A purchases and immediately places in service assets as set out below.
May 17 Office Furniture cost $7,000, useful life 20 years, salvage value $500
August 8 Machine cost $20,000, useful life 7 years, salvage value $1,000
November 3 Machine cost $2,000, useful life 4 years, salvage value $1,000
What depreciation deduction amount will Cor p. A claim on its 2025 federal income tax return for the machine purchased on November 3,2024?
A. $ 500
B.250
C.550
D.0
E. None of the above

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