Calculate bakers maximum depreciation expense for current


Problem

In the current tax year Baker Co. has taxable income of $130,000 before any §179 expense and before MACRS depreciation. The company acquired and placed in service (1) computers with a cost basis of $50,000 on August 6th and (2) machinery with a cost basis of $110,000 on November 9th. Calculate Baker's maximum depreciation expense for the current tax year, including §179 expense but ignoring bonus depreciation, rounded to the nearest whole number.

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Accounting Basics: Calculate bakers maximum depreciation expense for current
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