Question: Yasmin purchased two assets during the current year. On May 26th Yasmin placed in service computer equipment (five-year property) with a basis of $14,000 and

Yasmin purchased two assets during the current year. On May 26th Yasmin placed in service computer equipment (five-year property) with a basis of

$14,000 and on December 9th placed in service machinery (seven-year property) with

a basis of $14,000. Calculate the maximum depreciation deduction (ignoring $179 and

Yasmin purchased two assets during the current year. On May 26th Yasmin placed in service computer equipment (five-year property) with a basis of $14,000 and on December 9th placed in service machinery (seven-year property) with a basis of $14,000. Calculate the maximum depreciation deduction (ignoring $179 and bonus depreciation). (Use MACRS Table 2.) (Round final answer to the nearest whole number.) Essay Toolbar navigation B I U = = = ll 23 > A

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