Problem 8-9 (Algorithmic) Modified Accelerated Cost Recovery System (MACRS), Listed Property (L0 8.2, 8.4) On February 2, 2019, Alexandra purchases a personal computer. The computer cost $3,320. Alexandra uses the computer 85 percent of the time in her accounting business, and the remaining 15 percent of the time for various personal uses. Calculate Alexandra's maximum depreciation deduction for 2019 for the computer, assuming half-year convention and she does not make the election to expense or take bonus depreciation. Click here to access the depreciation table. If required, round your answer to nearest dollar. 306 x Feedback Check My Work Under MACRS, taxpayers calculate the depreciation of an asset using a table which contains a percentage rate for each year of the property recovery period. The yearly rate is applied to the cost of the asset. The cost of the property to which the rate is applied is not reduced for years' depreciation Regardless of the method of depreciation used by the taxpayer, accelerated or straight-line, or the election to expense the amount depreciation expense that may be claimed is limited to business use