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Casper used the following assets in his Schedule C trade or business in the tax year 2018. Casper is a new client and unfortunately does
Casper used the following assets in his Schedule C trade or business in the tax year 2018. Casper is a new client and unfortunately does not have a copy of his prior year's tax return. He recalls that all of the assets purchased in prior years used MACRS depreciation (no 179 expense or bonus). Casper does not wish to take 179 or bonus depreciation. (Use Table 6A-1 and Table 6A-8) Calculate the current year depreciation allowance for Caspers business. (Round your final answers to the nearest whole dollar amount.)
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