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Chapter 12: Learning Activity Scenario Using the depreciation worksheet provided in the Forms and Worksheets folder (in your online course) and the information in the

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Chapter 12: Learning Activity Scenario Using the depreciation worksheet provided in the Forms and Worksheets folder (in your online course) and the information in the table below, determine the depreciation for each of the items from the date placed in service until they are completely depreciated. Note: Do not claim any section 179 expense deduction and/or special depreciation allowance. Item Safe Desk Computer Acquired 05-15-2012 02-09-2015 04-15-2018 Method MACRS MACRS MACRS Life 7-yr 7-yr 5-yr Cost $ 1,200 300 1,400 Basis to Depreciate $ 1,200 300 1,400

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