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At the beginning of the year, Dee began a calendar-year business and placed in service the following assets during the year: Asset Date Acquired Cost

At the beginning of the year, Dee began a calendar-year business and placed in service the following assets during the year:

Asset

Date Acquired

Cost Basis

Computer equipment

3/23

$5,000

Furniture

5/12

$17,000

Pickup truck

11/15

$15,000

Commercial building

10/11

$270,000

Assuming Dee does not elect 179 expensing or bonus depreciation, what is Dees year 2 total cost recovery for these assets?

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