ABC Corp Bought a Production Machine on January 1, 2012

question 72

Multiple Choice

ABC Corp bought a production machine on January 1, 2012 for $31,250. The company elected out of Section 179 expensing and elected out of claiming bonus depreciation in 2012, and is depreciating the machine using the MACRS accelerated depreciation tables for 5-year property. What is the 2014 depreciation (year 3) deduction for the machine?

• A)$6,000
• B)$6,250
• C)$10,000
• D)$12,500
• E)None of the above is correct

---

Definitions:

Consistency

The quality of always behaving or performing in a similar way, maintaining a uniform approach across different situations.

Brain Waves

The electrical activity in the brain, which is categorized into patterns like alpha, beta, delta, and theta waves, associated with different states of consciousness.

Research Findings

The outcomes, results, or conclusions drawn from scientific experiments or investigations.

Idiographic

Pertaining to the study or method of understanding the unique aspects of individual cases or entities.