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Asset Machinery Computer equipment Used delivery truck Furniture Date Placed in Service October 25 February 3 August 17 April 22 Original Basis $ 70,000
Asset Machinery Computer equipment Used delivery truck Furniture Date Placed in Service October 25 February 3 August 17 April 22 Original Basis $ 70,000 10,000 23,000 150,000 *The delivery truck is not a luxury automobile. Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount. Problem 02-53 Part b (Static) b. What is the allowable depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciation and elects out of $179 expense?
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