At the beginning of 2017, AB Corporation (a calendar-year corporation) owned the following assets:

On February 1, 2017, AB sold its office furniture. On March 15, 2017, AB sold its computer equipment. Compute AB Corporation’s 2017 depreciation deduction for these two assets.

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Office furniture Computer equipment 11/15/14 4/15/13 $20,000 $10,000 Date placed in service Initial cost Accumulated depreciation $10,160 Recovery period Averaging convention 7 years Mid-quarter $8,272 5 years Half-year