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4. Allison places the following assets in service during 2018: Asset acquired Cost Cost Recovery Deduction 2018 Date PIS 3/3/18 6/10/18 12/18/18 Race horses Rental

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4. Allison places the following assets in service during 2018: Asset acquired Cost Cost Recovery Deduction 2018 Date PIS 3/3/18 6/10/18 12/18/18 Race horses Rental Appliances Office Fixtures $55,000 $15,000 $90,000 $ $ $ Required: Assume no IRC 5179 bonus or additional depreciation election is made Calculate Cost Recovery deduction for each asset listed in 2018

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