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Anderson rodrigue2 Ltd uses calendar year as its tax year. It acquires and places into service two depreciable assets during 2016. Asset#1: 7-year property; $950,000

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Anderson rodrigue2 Ltd uses calendar year as its tax year. It acquires and places into service two depreciable assets during 2016. Asset#1: 7-year property; $950,000 cost placed into service on January 20. Assets #2: 5-year property; $400,000 cost placed into service on August 1 a. What is Rodriguez's depreciation deduction for 2016 and 2017 if it does not elect Sec 179 and also elects out of bonus depreciation for the assets? b. What is Rodriguez's depreciation deduction for 2016 and 2017 if It elects Sec 179 and does not elect out of bonus depreciation for the assets

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