Question: On October 1 5 , 2 0 2 1 , Laura purchased furniture to be used in her accounting practice for ( $

On October 15,2021, Laura purchased furniture to be used in her accounting practice for \(\$ 40,200\). The furniture was the only asset purchased in 2021. She sold the furniture on September 25,2023. Calculate the depreciation expense for 2021,2022, and 2023 assuming Laura does not elect Section 179 expensing or use bonus depreciation. (Round answers to 0 decimal places, e.g.125.)
On October 1 5 , 2 0 2 1 , Laura purchased

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