Using the half-year convention, compute the total first-year MACRS deduction for a new office desk...
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Accounting
| Using the half-year convention, compute the total first-year MACRS deduction for a new office desk purchased and placed in service on May 1, 2017. The desk cost $750 and the 50% bonus depreciation will be claimed. |
|
| $107 |
|
| $375 |
|
| $429 |
|
| $482 |
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