Mathematics, 23.02.2021 01:00 Sparkleskeepsgoing

Sairra LLC purchased only one asset during the current year (a full 12-month tax year). On April 16 Sairra placed in service furniture (seven-year property) with a basis of $43,000. Calculate the maximum depreciation expense for the current year (ignoring §179 and bonus depreciation). (Use MACRS Table 1.) (Round final answer to the nearest whole number.)

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Sairra LLC purchased only one asset during the current year (a full 12-month tax year). On April 16...