Crouch LLC Placed in Service on May 19, 2020, Machinery

question 106

Multiple Choice

Crouch LLC placed in service on May 19, 2020, 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)$430,000
• C)$825,833
• D)$1,040,000
• E)None of the choices are correct.

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