Basics Of Bonus Depreciation 538826

During 2013, 7-year MACRS property was placed in service by Stenley, a calendar-year taxpayer. Assume that Stenley does NOT make a Section 179 election or take any bonus depreciation. The property will most likely be depreciated over:

a.One calendar year

b.Three and one-half calendar years

c.Seven calendar years

d.Eight calendar years