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Compute depreciation on the following assets. Ignore bonus and section 179 depreciation. Assume all assets were acquired on July 1, 2018 (ignore land value on

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Compute depreciation on the following assets. Ignore bonus and section 179 depreciation. Assume all assets were acquired on July 1, 2018 (ignore land value on real property assets) COST 2018 2019 2020 COMPUTER 100,000 MANUFACTURING EQUIP 150,000 OFFICE BUILIDNG 1,000,000 APARTMENT HOUSE 700,000 LAND IMPROVEMENTS (PAVING AND SIDEWALKS) 140,000 PART B: The company wants to maximize the total depreciation (including section 179) for assets placed in serviced in 2021. (Ignore bonus and mid quarter) It acquired the following assets in 2021: 2021 2022 Computers 1,000,000 Office equipment 1,000,000

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