Question: 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)

 Wheeler LLC purchased two assets during the current year (a full12-month tax year). On November 16 Wheeler placed in service computer equipment(five-year property) with a basis of $15,000 and on April 20 placed

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 $15,000 and on April 20 placed in service furniture (seven-year property) with a basis of $11,000. Calculate the maximum depreciation expense (ignoring $179 and bonus depreciation). (Use MACRS Table 2.) Note: Round final answer to the nearest whole number. A) $1,285 B) $2,714 C) $4,572 D) $5,200 E) None of the choices are correct. TABLE 2a MACRS Mid-Quarter Conxentioni Eox property placed in service during the fivst anartar TABLE 2 b MACRS Mid-Quarter ConxentioniFor property placed in senvice during the second quarter 1ABLL zd MALKS-Mid Uuarter Lonxentapniwor property placed in senice during the fourth quarter

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