Calculate the total depreciation for these various assets - All assets are business use.

Joe purchased a 5 year asset for $1,190,000 on 6/13/18. Joe wants to take the maximum amount
of depreciation possible (Section 179 depreciation). Taxable income for 2018 was $1,025,000.
Calculate the depreciation expense for 2018. Joe sold the asset in 2019. Additional first year
depreciation was not taken in 2018. Calculate the depreciation for 2019.
2018:				2019:

Sarah purchased an apartment complex on 5/5/18 for $1,100,000. Calculate the deprecation
for 2018. She disposed the apartment complex on 7/31/21. Calculate the deprecation for 2021.
2018:				2021:

Ralph Co had start up cost of $53,000 in 2018. Ralph Co started its business in March 2018.
Calculate total amortization expense for 2018. Ralph Co elects to take additional first year
amortization under IRC 195. Calculate the Amortization Exp for 2019.
2018:				First Year Amort

Steve purchased two assets in 2018. A 5 year asset for 70,000 on 10/30/18 and a 7 year asset for
$100,000 on 2/9/18. Steve does not want to take Section 179 Depreciation or additional first year
depreciation in 2018. Calculate the deprecation expense for 2018. Steve sells the 5 year asset on
8/17/19. Calculate the total depreciation expense for both assets in 2019.
2018:				2019:

Cheryl purchased an office building on 11/1/18 for $800,000. Calculate the depreciation for
2018. She disposed of the building on 4/1/2022. Calculate the depreciation for 2022.
2018:				2022: