4. Award: 2.00 points Way Corporation disposed of the following tangible personal property assets in the current year Date Sold Date Acquired ConventionBas Asset 90,000 Furniture (7-year) Machinery (7-year) Delivery truck (5-year) Machinery (7-year) 5/12/2014 7/15/2018 HY 3/23/2015 3/15/2018 MQ 9/17/2016 10/11/2017 8/11/2018 MO 10/11/2018 12/15/2018 107,000 48,000 306.400 108,000 3/13/2018 HY HY Used 100 percent for business Assume that the delivery truck is not a luxury auto. Calculate Way Corporation's 2018 depreciation deduction (ignore $179 expense and bonus depreciation for this problem). (Use MACRS Table 1 Table 2, and Exhibit 10-6.) (Round your intermediate dollar calc nearest whole dollar amount.) References Learning Objective: 10-02 Determine the applicable cost recovery (depreciation)life. method, and convention for tangible personal and real property and the deduction allowable under basic MACRS. Problemm Difficulty: 2 Medium