Sairra LLC Purchased Only One Asset During the Current Year

question 47

Multiple Choice

Sairra LLC purchased only one asset during the current year (a full 12-month tax year) . On April 16 Sairra placed in service furniture (seven-year property) with a basis of $30,000. Calculate the maximum depreciation expense for the current year (ignoring §179 and bonus depreciation) . (Use MACRS Table 1.) (Round final answer to the nearest whole number.)

• A) $2,143
• B) $4,287
• C) $5,177
• D) $6,000
• E) None of the choices are correct.

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