What is the total depreciation, Accounting Basics

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What is the total depreciation

Problem:

Mehmet, a calandar year taxpayer, acquires 5-year tangible personal property in 2011 and does not use Sec. 179. Bonus depreciation is not available. Mehmet places the property in service on the following schedule.

January 15 $50,000
May 25 $100,000
November 8 $200,000

Required:

Question: What is the total depreciation for 2011?

Note: Explain in detail.

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Accounting Basics: What is the total depreciation

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Accounting Basics: What is the total depreciation

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