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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

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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: Cost Asset Computer equipment Dog-grooming furniture Pickup truck Commercial building Land (one acre) Date Placed in Service 3/23 5/12 9/17 10/11 Basis $ 5,800 7,800 10,000 278,000 88 , 10/11 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.) Prev 1 2 of 16 Next > rch o Bi e C dy Snea Problem Set Saved questions: (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) (Do not round intermediate cald Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if a a. What is Poplock's year 1 depreciation deduction for each asset? 1 Asset Depreciation Deduction Computer equipment Dog grooming furniture Pickup truck Commercial building Land Total $ 0

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