Examlex

Solved

Daniel Purchases 5-Year Class Listed Property a Computer) on March

question 58

Multiple Choice

Daniel purchases 5-year class listed property a computer) on March 2, 2014, for $30,000. It is used 75% for business, and the remainder for personal use. Daniel wishes to maximize his 2014 depreciation deduction. What is Daniel 's 2014 depreciation deduction?


Definitions:

Television Privileges

The allowance or permission granted by an authority (such as parents or guardians) regarding the use of television.

Substance's Quantity

The measurable amount or volume of a chemical or material, often assessed in terms of mass, concentration, or volume in a given context.

Years Old

A measurement of time that signifies the age of an individual or entity from their date of birth or inception, expressed in years.

Form

in art and design, refers to the visible shape or configuration of something, giving it structure and coherence.

Related Questions