Solved: During current year which is the fourth year anne llc owned, Accounting Basics

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During current year which is the fourth year anne llc owned

Question - Anne LLC purchased computer equipment (5-year property) on August 29 for $30,000and used the half - year convention. Anne LLC did not take §179 or bonus depreciation in the year it acquired the computer equipment. During the current year, which is the fourth year Anne LLC owned the property, the property was disposed of on January 15. Calculate the maximum depreciation expenses?

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Accounting Basics: During current year which is the fourth year anne llc owned

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