As typical of a start$-$up business; PNW$,$ LLC expects to generate a current year loss with regular deprecation. As such, PNW$,$ LLC does not elect Section $179$ depreciation and opts out of bonus depreciation. PNW$,$ LLC qualifies for the half year convention. Required:

a$.$ How much depreciation is reported by Dallas Region $6$ on assets purchased from Magellanic Resources?

b$.$ How much depreciation is reported by Denver Region $8$ on assets purchased from Magellanic Resources?

c$.$ What asset class life was used by Dallas Region $6$ on assets purchased from Magellanic Resources?

d$.$ What asset class life was used by Denver Region $8$ on assets purchased from Magellanic Resources?

e$.$ Did Denver Region $8$ under or over report depreciation on assets purchased from Magellanic Resources?

f$.$ What is the correct depreciation for Denver Region $8$ on assets purchased from Magellanic Resources?

Answer is complete but not entirely correct.

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Required C

Required $E$

Required $F$

What is the correct depreciation for Denver Region $8$ on assets purchased from Magellanic Resources?

Depreciation

$$1,288,018$