Linda purchased 300000 of used factory machinery for her, Accounting Basics

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Linda purchased 300000 of used factory machinery for her

Question: Linda purchased $300,000 of used factory machinery for her business on 4/1/2014. Which of the following is NOT allowable to Linda in 2014, pertaining to expensing and depreciating this equipment.

a) MACRS Depreciation

b) Straight Line Depreciation

c) IRC sec. 179 expensing

d) Bonus Depreciation

e) None of the above (all of the above are allowable in 2014)

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Accounting Basics: Linda purchased 300000 of used factory machinery for her

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