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6. Bonnie Jo used two assets during the current ye...

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6. Bonnie Jo used two assets during the current year. The first was computer equipment with an original basis of $15,000, currently in the second year of depreciation, and under the half-year convention. This asset was disposed of on October 1st of the current year. The second was furniture with an original basis of $24,000 placed in service during the first quarter, currently in the fourth year of depreciation, and under the mid-quarter convention. What is Bonnie Jo's depreciation expense for the current year, rounded to the nearest whole number?,Can you please tell me what numbers you used to to get the individual answers for the computer and furniture. Thank yoU!,Well I got that but what are you using to multiply it???

 

Paper#3635 | Written in 18-Jul-2015

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