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5 Part 1 of 2 0.5 points Required information [The following information applies to the questions displayed below.] DLW Corporation acquired and placed in
5 Part 1 of 2 0.5 points Required information [The following information applies to the questions displayed below.] DLW Corporation acquired and placed in service the following assets during the year: Asset Computer equipment Furniture Commercial building Date Acquired Cost Basis 2/22 $ 10,500 3/5 $ 21,000 7/6 $ 315,000 eBook Assuming DLW does not elect 179 expensing and elects not to use bonus depreciation, answer the following questions: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Print References a. What is DLW's year 1 cost recovery for each asset? Year 1 Asset Cost Recovery Computer equipment $ 2,100 Furniture $ 3,001 Commercial building 5,251 Total 10,352
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