b. What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect out of bonus depreciation (but does not take 179 expense)

Required informatio Convers Corporation (calendar-year-end) acquired the following assets during the current tax year: (ignore S179 expense and bonus depreciation for this problem) (Use MACRS Table 1, Table2,and Table 5.) Date Placed Original in Service 25-Oct 03-Feb 17-Mar 22-Apr Asset Basis Machinery Computer equipment Used delivery truck* Furniture Total $ 92,000 $ 32,000 $45,000 172,000 341,000 The delivery truck is not a luxury automobile In addition to these assets, Convers installed new flooring (qualified improvement property) to its office building on May 12 at a cost of $520,000 a. What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect S179 expense and elects out of bonus depreciation? (Round your intermediate calculations to the nearest whole dollar amount.) MACRS depreciation Required informatio Convers Corporation (calendar-year-end) acquired the following assets during the current tax year: (ignore S179 expense and bonus depreciation for this problem) (Use MACRS Table 1, Table2,and Table 5.) Date Placed Original in Service 25-Oct 03-Feb 17-Mar 22-Apr Asset Basis Machinery Computer equipment Used delivery truck* Furniture Total $ 92,000 $ 32,000 $45,000 172,000 341,000 The delivery truck is not a luxury automobile In addition to these assets, Convers installed new flooring (qualified improvement property) to its office building on May 12 at a cost of $520,000 a. What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect S179 expense and elects out of bonus depreciation? (Round your intermediate calculations to the nearest whole dollar amount.) MACRS depreciation