Problem - Waggoner Manufacturing, Inc., placed the following assets into service during 2015:
|
Date
|
Asset
|
Life
|
Cost
|
|
2/23
|
copiers, typewriters
|
5
|
$3,000
|
|
5/3
|
computers & peripherals
|
5
|
11,000
|
|
9/15
|
office furniture
|
7
|
12,000
|
|
11/30
|
manufacturing equipment
|
7
|
28,500
|
Waggoner would like to take the maximum depreciation deduction possible. Determine Waggoner's maximum depreciation deduction for 2015.