Sairra,LLC Purchased Only One Asset During the Current Year

question 49

Multiple Choice

Sairra,LLC purchased only one asset during the current year.It placed in service furniture (7-year property) on April 16 with a basis of $25,000.Calculate the maximum depreciation expense for the current year,rounding to a whole number (ignoring §179 and bonus depreciation) :

• A)$1,786
• B)$3,573
• C)$4,463
• D)$5,000
• E)None of these