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all tables included Problem 10-47 (LO 10-2) (Algo) [The following information applies to the questions displayed below] DLW Corporation acquired and placed in service the

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Problem 10-47 (LO 10-2) (Algo) [The following information applies to the questions displayed below] DLW Corporation acquired and placed in service the following assets during the year: Assuming DLW does not elect 5179 expensing and elects not to use bonus depreciation, answer the following questions: (Use MACRS Table 1. Table 2. Table 3. Table 4 and Iable 5.) Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Problem 10-47 Part b (Algo) b. What is DLW's year 3 cost recovery for each asset if DLW sells these assets on 2/24 of year 3 ? Table 1 MACRS Half-Year Convention TABLE 2a MACRS Mid-Quarter Convention: For property placed in service during the first quarter TABLE 2b MACRS Mid-Quarter Convention: For property placed in service during the second quarter TABLE 2c MACRS Mid-Quarter Convention: For property placed in service during the third quarter ABLE 2c MACRS Mid-Quarter Convention: For property placed in service during the third quarter TABLE 2d MACRS-Mid Quarter Convention: For property placed in service during the fourth quarter TABLE. 3 Residential Rental Property Mid-Month Convention Straight Line-27.5 Years Month Preperty Placed in Service. TABLE 5 Nenrridential Real Property Mid-Mosth Coeventina straight Line-39 Years ifor awsets placed in uervice on or after May 13, 1993)

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