Question: Selected Item Attempt Preview Preview In Window Large Preview Problem 8-9 (Algorithmic) Modified Accelerated Cost Recovery System (MACRS), Listed Property (LO 8.2, 8.4) On February
Selected Item Attempt Preview Preview In Window Large Preview Problem 8-9 (Algorithmic) Modified Accelerated Cost Recovery System (MACRS), Listed Property (LO 8.2, 8.4) On February 2, 2020, Alexandra purchases a personal computer. The computer cost $6,760. 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 2020 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. 6,760
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