17. MACRS and Averaging Conventions. (Obj. 1) Jan purchased the following properties during 2022. Description New Computer Used Machinery Used Office building New Equipment Date Placed in Service March 9, 2022 July 17, 2022 September 6, 2022 December 27, 2022 Cost $ 6,000 70,000 270,000 84,000 Compute Jan's depreciation for each of these properties for 2022 and 2023. Assume that Jan elected to expense 50% of the cost of each item of qualified property and elected out of bonus depreciation. The machine and equipment are 7-year property.

17. MACRS and Averaging Conventions. (Obj. 1) Jan purchased the following properties during 2022. Compute Jan's depreciation for each of these properties for 2022 and 2023. Assume that Jan elected to expense 50% of the cost of each item of qualified property and elected out of bonus depreciation. The machine and equipment are 7-year property