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.

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Definitions:

Cognitive-Behavioral

A therapeutic approach that combines cognitive and behavioral techniques to alter negative thoughts and behaviors.

Disorders

Abnormal physical or mental conditions that interfere with normal functioning and lead to distress or impairment.

Manifest Content

In psychoanalysis, the apparent or surface content and imagery of a dream or thought.

Latent Content

The symbolic or hidden meaning of dreams.