Eric Is a Self-Employed Consultant

question 19

Multiple Choice

Eric is a self-employed consultant.In May of the current year,Eric acquired a computer system (5-year property) for $6,000 and used the computer 80% for business and 20% for personal purposes.Eric does not take any Sec.179 deduction.The maximum depreciation deduction for is

• A)$600.
• B)$800.
• C)$960.
• D)$1,200.

---

Definitions:

Social Change

The transformation over time of cultural norms, values, institutions, and structures within a society.

Blood Transfusion

A medical procedure that involves transferring blood or blood components from one person (donor) to another (recipient) to replace lost components of the blood.

Fast Fashion

A term used to describe clothing designs that move quickly from the catwalk to stores to meet new trends, often at the expense of ethical working conditions and environmental standards.

Social Dilemmas

Situations in which individuals face a conflict between maximizing personal interest and maximizing the collective interest, often leading to suboptimal outcomes for all involved.