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At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year: Asset Computers Office

 

At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year: Asset Computers Office desks Machinery Office building Date Acquired Cost Basis 1/30 $ 28,000 2/15 $ 32,000 7/25 $ 75,000 8/13 $ 400,000 Assuming Anna 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.) Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. b. What is Anna's year 2 cost recovery for each asset?

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