Roth LLC Purchased Only One Asset During the Current Year

question 7

Essay

Roth LLC purchased only one asset during the current year. On August 1^st Roth placed in service office equipment (seven-year property)with a basis of $58,500. Calculate the maximum depreciation expense (ignoring §179 and bonus depreciation). (Use MACRS Half-Year Convention Table.)(Round final answer to the nearest whole number.)