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On March 23,2016,Saturn Investments Corporation Purchases a $5,000 Computer (5-Year

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On March 23,2016,Saturn Investments Corporation purchases a $5,000 computer (5-year property) for business-use.On November 27,2016,it pays $4,000 for new office furniture (7-year property) .It does not wish to use the Section 179 election to expense.How much depreciation may Saturn deduct on the computer for 2016?


Definitions:

Wolfgang Köhler

A German psychologist and phenomenologist who was one of the founders of Gestalt psychology, emphasizing the holistic nature of perception.

Psychology Laboratory

A specialized facility designed for conducting research, experiments, and teaching in psychology, often involving both human and animal subjects.

Founded

Established or initiated, especially referring to the creation of an institution, organization, or company.

Watson

John B. Watson, an American psychologist who established the psychological school of behaviorism, emphasizing the study of observable behavior.

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