Suvi,IncPurchased Two Assets During the Current Year

question 50

Multiple Choice

Suvi,Inc.purchased two assets during the current year.It placed in service computer equipment (5-year property) on August 10 with a basis of $20,000 and machinery (7-year property) on November 18 with a basis of $10,000.Calculate the maximum depreciation expense,rounded to a whole number (ignoring §179 and bonus depreciation) :

• A)$857
• B)$3,357
• C)$5,429
• D)$6,000
• E)None of these

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