In May 2013,Cassie Acquired a Machine for $30,000 to Use

question 15

Multiple Choice

In May 2013,Cassie acquired a machine for $30,000 to use in her business.The machine is classified as 5-year property.Cassie does not expense the property under Sec.179,and the property does not qualify for bonus depreciation.Cassie's depreciation on the machine this year is

• A)$3,000.
• B)$6,000.
• C)$12,000.
• D)$15,000.

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Definitions:

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