In May 2016,Cassie Acquired a Machine for $30,000 to Use

question 52

Multiple Choice

In May 2016,Cassie acquired a machine for $30,000 to use in her business.The machine is classified as 5-year property.Cassie does not expense the property under Sec.179,and the machine is not eligible for bonus depreciation.Cassie's depreciation on the machine this year is

• A)$3,000.
• B)$6,000.
• C)$12,000.
• D)$15,000.

---

Definitions:

Electra

In psychoanalytic theory, it refers to a girl's psychosexual competition with her mother for possession of her father.

Oedipal

Relating to the Oedipus complex, a concept in Freudian psychoanalysis that describes a child's feelings of desire for their opposite-sex parent and jealousy toward the same-sex parent.

Persona

The social face or character that an individual presents to the world, often different from their true self.

Professional

Pertaining to a person engaged or qualified in a profession that requires a certain level of education, skill, or training.