1. In June 2015, LeBron bought a Hummer (heavy suv) for $82,500 to be used 75 percent in his business. What is the maximum amount that he can deduct in 2015, including both Section 179 expensing and MACRS depreciation? Assume bonus depreciation is not available.

2. Ace Corporation bought a new computer system for his business on may 12, 2015 for $15,000. The system included computer hardware and built in software valued at $3000. The corporation has never separated computer software in prior years. How muchay it deduct for the computer system in 2015 and how much is die to the software?

3. On Nov 1, 2015, Hayden Corp, a calendar year taxpayer, purchased an apartment building for $1,500,000, of which $300,000 was allocate to the land. It also purchased furniture (7 yr) for $35,000 and computer equipment (5 yr) for $15,000 on the same date, which were it's only purchases of depreciate personal property during 2015. Compute Hayden allowable depreciation for the apartment building, furniture, and computer equipment both for the year of purchase 2015, and the year of sale 2017 assuming 179 expensing and bonus depreciation are NOT available.

4. On Aug 15, 2015, Larry, who is single and owns and operates a construction company, paid $42,500 for a new car that he uses 65 percent for business and 35 for personal use. He purchased no other business assets in 2015. What is the maximum allowable depreciation he can deduct in 2015 for the car assuming bonus depreciation is not available abd first year expensing is not elected?