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Chartie, Inc. has acquired various types of assets recently used 100 percent in its trade or business Below is a list of assets acquired during
Chartie, Inc. has acquired various types of assets recently used 100 percent in its trade or business Below is a list of assets acquired during 2020 and 2021 Asset Machinery Cost Basis $ 25,000 Convent Lan Half-year Date Placed in Service January 24, 2020 800,000 Mid-month Warehouse Furniture Computer equipment O 014879 office equipment Automobile office building 100,000 65,000 34,000 65,000 800,000 Class Lives 5-year computer equipment, office equipment, automobile Class Life: 7-year: furniture Class Life: Office building-refer to the tables. August 1, 2020 October 5, 2021 October 10, 2021 September 28, 2021 July 15, 2021 September 24, 2021 Charlie did not elect $179 expense and elected out of bonus depreciation in 2020 and 2021 Calculate Charlie's maximum depreciation deduction for 2021. (Round final answer to th Essay breviation. BIVS F# 3
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