Question: Roth, LLC purchased only one asset during the current year. It placed in service computer equipment (5-year property) on November 1st with a basis of
Roth, LLC purchased only one asset during the current year. It placed in service computer equipment (5-year property) on November 1st with a basis of $42,500. Calculate the maximum depreciation expense (ignoring section 179 and bonus expensing) (You MUST show your work to receive credit)
Cost Recovery?_______________________________
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