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At the beginning of the current year, Poplock began a calendar year dog boarding business called Griff's Palace. Poplock bought and placed in service the

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At the beginning of the current year, Poplock began a calendar year dog boarding business called Griff's Palace. Poplock bought and placed in service the following assets during the year. Asunt Date equired Cost Basis Computer equipment 3/23 $ 5,000 Dos-grooming furniture 5/12 7.000 Pickup truck 9/17 10,000 Commercial building 10/11 270,000 Land (one scra) 10/11 80,000 Assuming Poplock does not elect $179 expensing and elects not to use bonus depreciation, answer the following questions: (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5) (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.) What is Poplock's year 1 depreciation deduction for each asset? Depreciation Deduction Asset Computer equipment Dog-grooming for bure Pickup truck Commercial building Land one ore) Total 0 5 $

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