Question: On May 5 , 2 0 1 8 , Jillian purchased equipment for $ 4 0 , 0 0 0 to be used in her

On May 5,2018, Jillian purchased equipment for $40,000 to be used in her business. She did not elect to expense the equipment under 179 or bonus depreciation. On January 1,2023, she sells the equipment to a scrap metal dealer. What is the cost recovery deduction for 2023?
a. $892.
b. $1,784.
c. $3,568.
d. No deduction allowed.

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