Billie Bob Purchased a Used Computer (5-Year Property) for Use

question 59

Multiple Choice

Billie Bob purchased a used computer (5-year property) for use in his sole proprietorship in the prior year. The basis of the computer was $2,400. Billie Bob used the computer in his business 60 percent of the time during the first year. During the second year, Billie Bob used the computer 40 percent for business use. Calculate Billie Bob's depreciation expense during the second year assuming the sole proprietorship had a loss during the year (Billie Bob did not place the asset in service in the last quarter) :

• A) $0
• B) $48
• C) $192
• D) $336
• E) None of these

---

Definitions:

Cultural Competence

The ability to understand, appreciate, and interact effectively with people from cultures or belief systems different from one's own.

Auxiliary Consumption

The energy used by auxiliary systems such as lighting and heating in a building or facility, not directly related to its primary production processes.

Emotional Engagement

The process of creating a connection with an audience or consumers that evokes strong feelings or emotions, enhancing loyalty and involvement.

Self-Identification

The process by which an individual defines or labels themselves, often in terms of social, cultural, gender, or professional identities.