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Andy, a carpenter, placed in service in his business the following personal property during the...

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Accounting

Andy, a carpenter, placed in service in his business the following personal property during the current year:
5-year recovery property
January 15
March 6
October 15
$20,000
20.000
10,000
7-year recovery property
July 1
60.000
November 4
90,000
In computing the depreciation deduction for the current year. Andy must use the
A. Hall-year convention for 5-year recovery property and midquarter convention for 7-year property.
B. Midquarter convention.
C. Mid-month convention.
D. Half-year convention.

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