MACRS basis

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the MACRS basis of 5-year property acquired on December 3, 20X1 is $10,000. No Section 179 or bonus
depreciation is taken on the property. Th e property is sold on September 4, 20X2. If the mid-quarter
convention applies to personal property acquired in 20X1 and regular (accelerated) MACRS is used,
depreciation expense for 20X2 is:

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