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4 5 points Required information Problem 10-54 (LO 10-2, LO 10-3) (Algo) Convers Corporation (calendar year-end) acquired the following assets during the current tax

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4 5 points Required information Problem 10-54 (LO 10-2, LO 10-3) (Algo) Convers Corporation (calendar year-end) acquired the following assets during the current tax year: (ignore $179 expense and bonus depreciation for this problem): (Use MACRS Table 1, Table 2 and Table 5.) Date Placed in Original eBook Print References Asset Machinery Computer equipment Delivery truck* Furniture Total Service October 25 Basis $ 96,000 February 3 March 17 April 22 36,000 49,000 176,000 *The delivery truck is not a luxury automobile. $ 357,000 In addition to these assets, Convers installed new flooring (qualified improvement property) to its office building on May 12 at a cost of $560,000. Problem 10-54 Part a (Algo) a. What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect 179 expense and elects out of bonus depreciation? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) MACRS depreciation

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