Question
1. Calculate the 2021 depreciation for a 5 year asset costing $390,000 put in service on 9/21/2021 Showyour calculation and answer below (for example 10,000
1. Calculate the 2021 depreciation for a 5 year asset costing $390,000 put in service on 9/21/2021
Showyour calculation and answer below (for example 10,000 X 20% = 2,000).
2. Calculate the 2021 depreciation for a 5 year asset costing $510,000 put in service on 6/6/2020.
Showyour calculation and answer below (for example 10,000 X 20% = 2,000).
3. Calculate the 2021 depreciation for a 7 year asset costing $290,000 put in service on 7/20/2021
Showyour calculation and answer below (for example 10,000 X 20% = 2,000).
4. Calculate the 2021 depreciation for a 7 year asset costing $190,000 put in service on 3/13/2018
Showyour calculation and answer below (for example 10,000 X 20% = 2,000).
5. Calculate the 2021 depreciation for residential rental real property costing $12,000,000 put in service on 5/11/2021
Showyour calculation and answer below (for example 10,000 X 20% = 2,000).
6. Calculate the 2021 depreciation for residential rental real property costing $16,000,000 put in service on 4/26/2016
Showyour calculation and answer below (for example 10,000 X 20% = 2,000).
7. Calculate the 2021 depreciation for nonresidential real property costing $20,000,000 put in service on 2/16/1993.
Showyour calculation and answer below (for example 10,000 X 20% = 2,000).
8. Calculate the 2021 depreciation for nonresidential real property costing $24,000,000 put in service on 8/8/2021
Showyour calculation and answer below (for example 10,000 X 20% = 2,000).
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