Data, Inc., purchased and placed in service a $5,000 computer on August 24, year 3- Tills is

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Data, Inc., purchased and placed in service a $5,000 computer on August 24, year 3- Tills is the only asset purchase during die year. Section 179 expensing was not elected. The computer was sold during year 5. Using die excerpt of die MACRS half-year convention table below, what is the MACRS depreciation in year 5 for die computer?

5-Year 7-Year 10-Year Recovery Period 14.29% 20% 10% 32% 24.49% 18% 19.2% 17.49% 14.4%

a. $360

b. $437 

c. $480

d. $960

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Related Book For  answer-question

South-Western Federal Taxation 2019 Comprehensive

ISBN: 9781337703017

42th Edition

Authors: David M. Maloney, William A. Raabe, William H. Hoffman, James C. Young

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