In 2017,Henry Purchases $210,000 of Equipment with a Useful Life

question 31

Multiple Choice

In 2017,Henry purchases $210,000 of equipment with a useful life of 7 years.The taxable income of the business is $100,000.What is Henry's maximum depreciation deduction in 2017?

• A)$-0-
• B)$42,865
• C)$100,000
• D)$210,000
• E)$115,719

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