Ethan's eggroll house, a calendar year corporation, purchased a new computer and printer in january for $1,500. in february, the business purchased a new oven for $1,200. no other assets were purchased during the year. how much depreciation will be taken on these items in the current year if the taxpayer does not elect to use section 179 and does not use bonus depreciation?

what is your question? 1 high schoolbusiness 5 points imagine that you have won $100 in the state lottery. you have a choice between spending the money on shopping now or putting it away in a savings account for one year. you decide to spend the money now on shopping. thus, you will lose the interest that you could have earned by saving the money. the lost interest is cost of spending money now.