Mike Purchases a Computer (5-Year Property)for $3,000 During the Current

question 80

Multiple Choice

Mike purchases a computer (5-year property) for $3,000 during the current year.He uses the computer 40% of the time in his consulting business.Mike would like to maximize his cost recovery deduction.What is his allowable cost recovery deduction on the computer?

• A)$- 0 -
• B)$120
• C)$180
• D)$300
• E)$1,200