Question: Wheeler LLC purchased two assets during the current year ( a full 1 2 - month tax year ) . On November 1 6 Wheeler

Wheeler LLC purchased two assets during the current year (a full 12-month tax year). On November 16 Wheeler placed in service computer equipment (five-year property) with a basis of $25,000 and on April 20 placed in service furniture (seven-year property) with a basis of $17,000. Calculate the maximum depreciation expense (ignoring 179 and bonus depreciation).(Use MACRS Table 2.)
Note: Round final answer to the nearest whole number.
Multiple Choice
$2,856
$4,285
$6,143
$6,771
None of the choices are correct. Wheeler LLC purchased two assets during the current year (a full 12-month tax year). On November 16 Wheeler placed in service computer equipment (five-year property) with a basis of \(\$ 25,000\) and on April 20 placed in service furniture (seven-year property) with a basis of \(\$ 17,000\). Calculate the maximum depreciation expense (ignoring \(\$ 179\) and bonus depreciation).(Use MACRS Table 2.)
Note: Round final answer to the nearest whole number.
Multiple Choice
\$2,856
\$4,285
\$6,143
\$6,771
None of the choices are correct.
Wheeler LLC purchased two assets during the

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