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5 MRT, a calendar year corporation, placed the following assets in service this year. Use Table 7-2 and Appendix 7-A Initial Recovery Dare Placed 0.6

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5 MRT, a calendar year corporation, placed the following assets in service this year. Use Table 7-2 and Appendix 7-A Initial Recovery Dare Placed 0.6 Asset Cost Period In Service points Manufacturing equipment $259, 000 7 years April 23 Furniture and fixtures 56, 000 7 years May 2 Transportation equipment 225, 000 5 years September 3 Office equipment 120, 000 7 years December 1 Book a. Compute MRT's MACRS depreciation with respect to the assets placed in service this year. Assume MRT does not elect to use first- year bonus depreciation or Section 179. b. In December, MRT decided to purchase $285,000 of additional equipment. The corporation could buy the equipment and place it Print in service before year-end, or it could postpone the purchase until January. What effect does this decision have on MRT's depreciation with respect to the assets already in service? References Complete this question by entering your answers in the tabs below. Required A Required B In December, MRT decided to purchase $285,000 of additional equipment. The corporation could buy the equipment and place it in service before year-end, or it could postpone the purchase until January. What effect does this decision have on MRT's depreciation with respect to the assets already in service? (Round your intermediate computations and final answers to the nearest dollar amount. Round your "percentage" answers to 4 decimal places (i.e., 12.34 should be entered as 0.1234).) Show lessA 5-year property placed in service in 3rd quarter Year 1 recovery percentage 7-year property placed in service in 2nd quarter Year 1 recovery percentage 7-year property placed in service in 4th quarter Year 1 recovery percentage

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