Question: Problem 8-9 (Algorithmic) Modified Accelerated Cost Recovery System (MACRS), Listed Property (LO 8.2, 8.4) On February 2, 2019, Alexandra purchases a personal computer. The computer
Problem 8-9 (Algorithmic)
Modified Accelerated Cost Recovery System (MACRS), Listed Property (LO 8.2, 8.4)
On February 2, 2019, Alexandra purchases a personal computer. The computer cost $2,360. 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.
Please use thedepreciation table.
If required, round your answer to nearest dollar.............?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
