Determine the maximum depreciation deduction


Eric is a self-employed consultant. In May of the current year, Eric acquired a computer system (5-year property) for $7,000 and used the computer 30% for business. Eric does not use Sec. 179. The maximum depreciation deduction for is:

A) $210.

B) $420.

C) $700.

D) $2,100.

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Accounting Basics: Determine the maximum depreciation deduction
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