Mike Purchases a Computer (5-Year Property)for $3,000 During the Current

question 80

Multiple Choice

Mike purchases a computer (5-year property) for $3,000 during the current year.He uses the computer 40% of the time in his consulting business.Mike would like to maximize his cost recovery deduction.What is his allowable cost recovery deduction on the computer?

• A)$- 0 -
• B)$120
• C)$180
• D)$300
• E)$1,200

---

Definitions:

Anorexia Nervosa

A psychological and eating disorder characterized by an intense fear of gaining weight and a distorted body image, leading to self-starvation and severe weight loss.

Frozen Grapes

Grapes that have been chilled in the freezer, often used as a refreshing snack or in cold dishes.

Class Radio Show

A radio program that is created, produced, or hosted by students as a classroom project, focusing on various academic or entertainment topics.

Spelling Contest

A competition in which participants are asked to spell a broad selection of words correctly, often used as an educational tool.