On October 2,2017,Dave Acquired and Placed into Service 5-Year Business

question 95

Multiple Choice

On October 2,2017,Dave acquired and placed into service 5-year business equipment costing $70,000.No other acquisitions were made during the year.Dave does not use Sec.179 expensing,and the property does not qualify for bonus depreciation.The depreciation for this year,using the most accelerated method possible,is

• A)$0.
• B)$3,500.
• C)$7,000.
• D)$14,000.