Business, 25.02.2021 18:50 allisonchorath6971
Barbara's Bakery purchased three new 7-year assets last year. She chose NOT to use Section 179 immediate expensing or take bonus depreciation. The furnishings were purchased for $15,000 in April, the equipment for $6,000 in July, and the appliances for $40,000 in November. Using the appropriate MACRS depreciation tables in the Appendix, what amount of depreciation expense is allowable in the current (second) year of ownership?
a) $16,806
b) $14,939
c) $16,163
d) $16,072
Answers: 1
(it is more than 40%)
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Barbara's Bakery purchased three new 7-year assets last year. She chose NOT to use Section 179 immed...
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