Roth, LLC Purchased Only One Asset During the Current Year

question 76

Essay

Roth, LLC purchased only one asset during the current year. Roth placed in service office equipment (7-year property) on August 1^st with a basis of $42,500. Calculate the maximum depreciation expense (ignoring §179 and bonus depreciation). (Use MACRS Half-Year Convention) (Round final answer to the nearest whole number.)

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