Crouch LLC Placed in Service on May 19, 2019, Machinery

question 90

Multiple Choice

Crouch LLC placed in service on May 19, 2019, machinery and equipment (seven-year property) with a basis of $3,200,000.Assume that Crouch has sufficient income to avoid any limitations.Calculate the maximum depreciation deduction including §179 expensing (but ignoring bonus depreciation) .(Use MACRS Table 1.)

• A)$457,280.
• B)$370,000.
• C)$774,407.
• D)$1,020,000.
• E)None of the choices are correct.

---

Definitions:

Digital Rights Management

A set of access control technologies used by publishers or copyright holders to protect their intellectual property from unauthorized distribution or copying.

Software License Agreement

A legal contract between the licensor and purchaser, establishing the purchaser's right to use the software.

Purchase

The act of acquiring goods or services in exchange for money.

Register

The act of recording or enlisting information, events, or transactions, often for official keeping or as a preliminary step to gain access to a service or system.