The First and Last Years of MACRS Depreciation Deductions for a 7-Year

question 28

Multiple Choice

The first and last years of MACRS depreciation deductions for a 7-year asset costing $20,000 using the half-year convention are:

• A)$4,000 and $1,152
• B)$2,858 and $892
• C)$2,000 and $576
• D)$1,428 and $1,428

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