Sairra,LLC Purchased Only One Asset During the Current Year (A

question 100

Multiple Choice

Sairra,LLC purchased only one asset during the current year (a full 12-month tax year) .Sairra placed in service furniture (7-year property) on April 16 with a basis of $25,000.Calculate the maximum depreciation expense for the current year? (ignoring §179 and bonus depreciation) .(Use MACRS Table 1 in the text) (Round final answer to the nearest whole number)

• A) $1,786.
• B) $3,573.
• C) $4,463.
• D) $5,000.
• E) None of the choices are correct.

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