In 2018, Henry Purchases $210,000 of Equipment with a Useful

question 52

Multiple Choice

In 2018, Henry purchases $210,000 of equipment with a useful life of 7 years. The taxable income of the business before any Section 179 deduction is $100,000. Henry elects not to take bonus depreciation. What is Henry's maximum depreciation deduction in 2018?

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

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Definitions:

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