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Chap 2 Homework Assignment 7 Part 2 of 2 10 points Required information i [The following information applies to the questions displayed below] DLW

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Chap 2 Homework Assignment 7 Part 2 of 2 10 points Required information i [The following information applies to the questions displayed below] DLW Corporation acquired and placed in service the following assets during the year. Cost Basis Asset Date Acquired Computer equipment 2/17 5/12 Commercial building 11/1 $ 270,000 Furniture $10,000 $17,000 Saved eBook 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) (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) Print References b. What is DLW's year 3 cost recovery for each asset if DLW sells these assets on 1/23 of year 3? Asset Year 3 Cost Recovery Computer equipment Furniture $ $ Commercial building $ 0 Total S

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