During the current year, a calendar year tax payer placed the following assets in service (no other assets were placed in service during the year):
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During the current year, a calendar year tax payer placed the following assets in service (no other assets were

placed in service during the year):


Date Asset Cost MACRS Recovery Period

May 15 Truck $12,000 5

Dec 21 Tractor 42,000 7


These assets will be subject to the:


a. half-year convention

b. mid-month convention

c. mid-quarter convention

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