Atlas Manufacturing Purchased a New Computer System in 2018 at a Cost

question 27

Multiple Choice

Atlas Manufacturing purchased a new computer system in 2018 at a cost of $622,400. This system falls in the 5-year MACRS class that has depreciation allowance percentages of 20, 32, 19.2, 11.52, 11.52, and 5.76. What is the maximum amount of depreciation the firm can claim on this system in the first year if it selects the bonus depreciation method?

• A) $311,200
• B) $124,480
• C) $199,168
• D) $622,400
• E) $155,600

---

Definitions:

Origins of Experience

The foundational elements that contribute to a person's perceptions, emotions, and consciousness.

Existential Anxiety

Anxiety that arises from human existence, including fears related to freedom, isolation, meaninglessness, and death.

Neurotic Displacement

A defense mechanism where an individual shifts emotional feelings from an original source of distress to another, more acceptable or less threatening target.

Existential Therapist

A practitioner who focuses on free will, self-determination, and the search for meaning—often confronting issues like mortality within therapy.