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Cruz Copy Shop Purchases a New Copy Machine in July

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Cruz Copy Shop purchases a new copy machine in July 2013 for $30,000.No other depreciable assets are placed in service in 2013.Since Cruz Copy Shop expects to be in a much higher tax bracket in future years,it desires to minimize its current cost recovery amount to the fullest extent possible.What is the amount of Cruz Copy Shop's MACRS straight-line depreciation for 2013?


Definitions:

Dextrorotatory

Describes a substance that rotates the plane of polarized light to the right, or clockwise, as seen by an observer towards the light source.

Levorotatory

Describing a substance that rotates the plane of polarized light to the left or counterclockwise.

Racemic Mixture

A mixture containing equal amounts of left- and right-handed enantiomers of a chiral molecule, making it optically inactive.

Enantiomer

One of a pair of molecules that are mirror images of each other and cannot be superimposed, often possessing different biological activities.

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