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(a) Whit was the bavis for depreciubion (in s) of the compoter svatem? (Siee Tabie 17-4) 1 x TABLE 17-4 Special Depreciation Allowance begin{tabular}{lc} begin{tabular}{c}

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(a) Whit was the bavis for depreciubion (in s) of the compoter svatem? (Siee Tabie 17-4) 1 x TABLE 17-4 Special Depreciation Allowance \begin{tabular}{lc} \begin{tabular}{c} Certain Qualified \\ Asset Placed into Service \end{tabular} & Special Allowance \\ \hline September 11, 2001-May 5, 2003 & 30% \\ May 6, 2003-January 1, 2005 & 50% \\ December 31, 2007-September 27, 2017 & 50% \\ September 28, 2017-December 31, 2022 & 100% \end{tabular} TABLE 17-1 MACRS Property Classes (Recovery Period) General Depreclation System \begin{tabular}{|c|c|c|} \hline 3-Year Property ( 3 years) & 5-Year Property (5 years) & 7-Year Property (7 years) \\ \hline \begin{tabular}{l} Over-the-road tractors \\ Some horses and hogs \\ Special handling devices for the \\ manufacture of food and beverages \\ Specialty tools used in the manufacture \\ of motor vehicles \\ Specialty tools used in the manufacture \\ of finished products made of plastic. \\ rubber, glass, and metal \end{tabular} & \begin{tabular}{l} Automobiles and taxis \\ Buses and trucks \\ Computers and peripherals \\ Office machinery \\ Breeding or dairy cattle, sheep and goats \\ Airplanes (except those in commercial use) \\ Trailers and trailer-mounted containers \\ Assets used in construction \\ Assets used in the manufacture of knitted \\ goods, textile yarns, carpets, medical \\ and dental supplies, chemicals, and \\ electronic components \\ Assets used in radio and television \\ broadcasting, and CATV \end{tabular} & \begin{tabular}{l} Office furniture and fixtures \\ Railroad cars and engines \\ Commercial airplanes \\ Assets used in the manufacture of wood, \\ pulp, and paper products \\ Assets used in printing and publishing \\ Assets used in the production of tobacco, \\ leather, stone, and steel products \\ Assets used in the production of sporting \\ goods, toys, jewelry, and musical \\ instruments \\ Assets used in theme and amusement \\ parks, theaters, concert halls, and \\ miniature golf courses \end{tabular} \\ \hline 10-Year Property (10 years) & 15-Year Property (15 years) & 20-Year Property ( 20 years) \\ \hline \begin{tabular}{l} Vessels, barges, and tugs \\ Single-purpose agricultural structures \\ Trees and vines bearing fruits or nuts \\ Assets used in the production of grain, sugar, \\ and vegetable oil products \\ Assets used in petroleum refining \\ Assets used in the manufacture and repair of \\ ships, boats, and marine drilling rigs \end{tabular} & \begin{tabular}{l} Depreciable improvements made to land, \\ such as shrubbery, fences, roads, and \\ bridges \\ Assets used to manufacture cement \\ Gas and petroleum utility pipelines \\ Industrial steam and electric generation and/ \\ or distribution systems \\ Water taxis and ferry boats \end{tabular} & \begin{tabular}{l} Farm buildings \\ Railroad structures and improvements \\ Gommunication cable and long-line \\ systems \\ Water, electric, gas, and steam utility \\ plants and equipment \end{tabular} \\ \hline 25-Year Property (25 years) & Residential Rental Property (27.5 years) & Nonresidential Real Property ( 39 years) \\ \hline \begin{tabular}{l} Municipal sewers \\ Certain water utility property integral to \\ the gathering, treatment, or commereial \\ distribution of water \end{tabular} & \begin{tabular}{l} This is any building or structure, such as a \\ rental home (including a mobile home), if \\ 80% of its gross rental income for the tax \\ year is from dwelling units. A dwelling \\ unit is a house or an apartment used to \\ provide living accommodations. \end{tabular} & \begin{tabular}{l} This is property such as an office \\ building, a store, or a warehouse that \\ is not residential rental property. \end{tabular} \\ \hline \end{tabular} TABLE 17-2 Cost Recovery Percentage Table MACRS \begin{tabular}{|c|c|c|c|c|c|c|} \hline \multirow{2}{*}{\begin{tabular}{c} Recovery \\ Year \end{tabular}} & \multicolumn{6}{|c|}{ Depreciation Rate for Property Class } \\ \hline & 3-year & 5-year & 7-year & 10-year & 15-year & 20-year \\ \hline 1 & 33.33% & 20.00% & 14.29% & 10.00% & 5.00% & 3.750% \\ \hline 2 & 44.45 & 32.00 & 24.49 & 18.00 & 9.50 & 7.219 \\ \hline 3 & 14.81 & 19.20 & 17.49 & 14.40 & 8.55 & 6.677 \\ \hline 4 & 7.41 & 11.52 & 12.49 & 11.52 & 7.70 & 6.177 \\ \hline 5 & & 11.52 & 8.93 & 9.22 & 6.93 & 5.713 \\ \hline 6 & & 5.76 & 8.92 & 7.37 & 6.23 & 5.285 \\ \hline 7 & & & 8.93 & 6.55 & 5.90 & 4.888 \\ \hline 8 & & & 4.46 & 6.55 & 5.90 & 4.522 \\ \hline 9 & & & & 6.56 & 5.91 & 4.462 \\ \hline 10 & & & 4 & 6.55 & 5.90 & 4.461 \\ \hline 11 & & & & 3.28 & 5.91 & 4.462 \\ \hline 12 & & & & & 5.90 & 4.461 \\ \hline 13 & & & & & 5.91 & 4.462 \\ \hline 14 & & & & & 5.90 & 4.461 \\ \hline 15 & & & & & 5.91 & 4.462 \\ \hline 16 & & & & & 2.95 & 4.461 \\ \hline 17 & & & & & & 4.462 \\ \hline 18 & & & & & & 4.461 \\ \hline 19 & & & & & & 4.462 \\ \hline 20 & & & & & & 4.461 \\ \hline \end{tabular}

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