Sairra, LLC Purchased Only One Asset During the Current Year

question 84

Multiple Choice

Sairra, LLC purchased only one asset during the current 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, rounding to a whole number (ignoring §179 and bonus depreciation) :

• A) $1,786
• B) $3,573
• C) $4,463
• D) $5,000
• E) None of these

---

Definitions:

Insert a Hyperlink

Adding a link in a digital document that directs to another section of the same document or to an external resource when activated.

Bookmark

A saved shortcut that directs your browser to a specific webpage, allowing for quick access to frequently visited sites.

Text Effect

Visual enhancements applied to text in digital documents or designs, such as shadows, glows, or 3D appearances to make it more visually appealing.

Outline View

A feature in many software applications that displays a document or a project's structure in a hierarchical outline form, making it easier to navigate and organize content.