Find the MACRS depreciation for year 4 for office furniture that costs $131,000 and is

Chapter 17, Problem 18

(choose chapter or problem)

Find the MACRS depreciation for year 4 for office furniture that costs $131,000 and is placed in service at midyear as a seven-year property. The maximum $25,000 section 179 deduction is elected for this property.

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