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What is the amount of current depreciation for asset

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Problem 1: Mona owns a rental house that she has rented to various tenants since September of 2001. The backyard fence fell into disrepair in June 2019. she had it replaced June 27, 2019 for $8399. If Mona elects to opt out of special depreciation for the new fence, what is the amount of current depreciation for this asset?

Option 1: $157
Option 2: $210
Option 3: $315
Option 4: $420

Reference no: EM132728421

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