Problem
In May 2016, Cassie acquired a machine for $80,000 to use in her business. The machine is classified as 5-year property. Cassie does not expense the property under Sec. 179 and is a calendar year taxpayer.
What is Cassie's depreciation on the machine in 2016?
How does your answer change, if at all, if Cassie acquired the machine in November 2016?