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12 Required information Convers Corporation calendar year-end) acquired the following assets curing the current tax year ignore $179 expense and bonus depreciation for this problem

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12 Required information Convers Corporation calendar year-end) acquired the following assets curing the current tax year ignore $179 expense and bonus depreciation for this problem (Use MACRS Table Table and Tables) Date Place service Basis Machinery October . Computer at February 10.000 Delivery truck March 23.00 Furniture 150,00 Total "The delivery truck is not a luxury automobile In addition to these assets. Convers installed new torino (med provement property to its office building on May 12 it a cost of $300,000 What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not efect 3179 expense and elects out of bonus depreciation Answer is complete but not entirely correct 42853

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