Mike purchases a computer (5-year property)for $3,000 during the current year.He uses the computer 40% of the time in his consulting business.Mike would like to maximize his cost recovery deduction.What is his allowable cost recovery deduction on the computer?
A)$- 0 -
B)$120
C)$180
D)$300
E)$1,200

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The Answer of Mike purchases a computer (5-year property)for $3,000 during the current year.He uses the computer 40% of the time in his consulting business.Mike would like to maximize his cost recovery deduction.What is his allowable cost recovery deduction on the computer?
A)$- 0 -
B)$120
C)$180
D)$300
E)$1,200

Mike Purchases a Computer (5-Year Property)for $3,000 During the Current