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What will be depreciation expense

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Question - Five-year property costing $25,000 was placed in service on April 11 of the current year. The property has no salvage value and is depreciated using straight-line. Assuming the company elects not to take advantage of either bonus depreciation or the Code Sec. 179 deduction and the mid-quarter convention applies to all five-year property placed in service this year, what will be depreciation expense with regard to this property for the current year?

Reference no: EM132350599

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