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1. Sam purchased the following items in 2021 for his business. Sam elects out of bonusy first year additional) depreciation on all 6 year property.

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1. Sam purchased the following items in 2021 for his business. Sam elects out of bonusy first year additional) depreciation on all 6 year property. Sam does not elect any 179 depreciation Determine the cost recovery (depreciation expense) for 2021 and 2022 for 32m 's business. If De Also calculate the ending basis for each asset \begin{tabular}{lrr} 6 pts \\ 1/10/2021 Copier & $5,000.005re \\ 2/15/2021 Desk & $,000.005e. \\ 6/30/2021 Forklift & $30.000.005ce \\ \hline \end{tabular} 2 Mary purchased an apartment rental property in 2021. Calculate her first and second year cost recovery (depreciation). Mary does not elect any 179 depreciation and does not elect out of any bonus depreciation Deter 3pts 7/6/2021 Apartment Building =5500,000.00 7/6/2021 Land for apartment 550,000.00 8/20/2021 Carpet for the apartr 55,000,00

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