Mountain View Development Co

question 84

Multiple Choice

Mountain View Development Co.purchases a new high volume paper shredder for use in their document management department for $20,000 on November 7 of 2013.It was the only piece of depreciable property placed in service during 2013.The paper shredder is 7-year MACRS property,the Section 179 election to expense was not exercised,and it elected out of bonus depreciation.What is Mountain View's 2013 depreciation deduction on the paper shredder?

• A)$714
• B)$2,498
• C)$2,812
• D)$2,980

---

Definitions:

Manhattan

A densely populated borough of New York City, known for its significant cultural, financial, media, and entertainment industries.

Structuralists

Early psychologists who analyzed the basic elements of thoughts and sensations to understand the structure of mental processes.

Thought Processes

The mental acts involved in generating, evaluating, and utilizing information, including reasoning, problem-solving, and decision-making.

Basic Elements

Fundamental components or parts that serve as building blocks or essential factors in a system or structure.