The actual cost of the carpet is $6002.22

My calculations were $6002.22 x 22% (T/S%) = $660.25

The remaining $660.24 x 7.14% (1st year of 7 year S/L depreciation rate) = $47.14 x 2 (because 1st year rate only represents 1/2 year) = $94.28 x 12.5%(4th qtr) = $11.79 MQ

$660.25 (bonus) + $11.79 (MQ) = $672.04 reflected on schedule C line 13

Am I doing this correctly?

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