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Asset Date Placed in Service Original Basis Machinery October 25 $ 80,000 Computer equipment February 3 17,500 Used delivery truck* August 17 30,500 Furniture April
Asset | Date Placed in Service | Original Basis |
---|---|---|
Machinery | October 25 | $ 80,000 |
Computer equipment | February 3 | 17,500 |
Used delivery truck* | August 17 | 30,500 |
Furniture | April 22 | 162,500 |
. What is the allowable depreciation on Evergreens property in the current year, assuming Evergreen does not elect 179 expense and elects out of bonus depreciation?
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