Check my work Convers Corporation (calendar year-end) acquired the following assets during the current tax year: (ignore 179 expense and bonus depreciation for this problem): (Use MACRS Table 1. Table 2 and Table 5.) Date Placed in Original 60,000 Asset Machinery Service October 25 Basis $ 120,000 Computer equipment February 3 Delivery truck* March 17) April 221 Furniture Total "The delivery truck is not a luxury automobile. In addition to these ass office building on May 73,000 200,000 $ 453,000 Convers installed new flooring (qualified improvement property) to its a cost of $800,000. a. What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect 179 expense and elects out of bonus depreciation? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) MACRS depreciation $ 48,510 < Prev 5 of 17 Next >