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Axl purchased and placed in service the following fixed assets for his business: Furniture & fixtures (new) costing $21,000 on February 15, 2016 Computer equipment

Axl purchased and placed in service the following fixed assets for his business:

Furniture & fixtures (new) costing $21,000 on February 15, 2016

Computer equipment (new) costing $5,000 on February 10, 2016

Furniture & fixtures (used) costing $2,000 on November 1, 2016

Office building costing $200,000 on October 3, 2016

Axl has decided not to elect the immediate expensing under ยง179 but will take the additional first-year bonus depreciation where available.

Show depreciation calculation.

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