Question: note: 142900 is not right Incorrect Question 6 0 / 0.4 pts In 2020, Oscar Co. purchased a piece of business-use equipment for $1,000,000. The

note: 142900 is not right Incorrect Question 6 0 / 0.4 pts note: 142900 is not right

Incorrect Question 6 0 / 0.4 pts In 2020, Oscar Co. purchased a piece of business-use equipment for $1,000,000. The equipment has a 7-year MACRS GDS recovery period and is depreciated under MACRS GDS (no SL election). The equipment was placed in service on September 10, 2020. This was the only asset that Oscar Co. placed in service in 2020. Oscar Co. did not elect Section 179 deduction. Oscar Co. did not elect out of Section 168(k) bonus depreciation. What is Oscar Co.'s total depreciation deduction for 2020? 142,900

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