Rock Crab, Inc. purchases the following assets during the year:
|
Computer |
$ 3,000 |
|
Computer desk |
1,000 |
|
Office furniture |
4,000 |
|
Delivery van |
25,000 |
What should be reported as the cost basis for MACRS five-year property?
- $ 3,000
- $25,000
- $28,000
- $33,000