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ces Required information [The following information applies to the questions displayed below.] DLW Corporation acquired and placed in service the following assets during the year:
ces Required information [The following information applies to the questions displayed below.] DLW Corporation acquired and placed in service the following assets during the year: Cost Basis $ 19,200 $ 19,500 $ 350,000 Asset Computer equipment Furniture Commercial building Assuming DLW does not elect 179 expensing and elects not to use bonus depreciation, answer the following questions: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. b. What is DLW's year 3 cost recovery for each asset if DLW sells these assets on 3/20 of year 3? Asset Date Acquired 2/20 4/24 10/18 Computer equipment Furniture. Commercial building Total Year 3 Cost Recovery $ 0
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