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Convers Corporation (calendar year-end) acquired and placed in service the following assets during the current tax year, 1. Machinery, original basis - $84,000 placed in

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Convers Corporation (calendar year-end) acquired and placed in service the following assets during the current tax year, 1. Machinery, original basis - $84,000 placed in service on October 25 2. Computer equipment: original basis = $24.000 placed in service on February 3 3. Used delivery truck": original basis $37,000 placed in service on March 17 4. Furniture, original basis - $164.000 placed in service on April 22 "The delivery truck is not a luxury automobile In addition to these assets. Convers installed new flooring qualified improvement property to its office building on May 12 of this year at a cost of $440,000. Under 2018 tax reform, qualified improvement property was not eligible for 100% bonus depreciation What is the allowable MACRS depreciation on Convers's property in the current year (2020) assuming Convers does not elect out of bonus depreciation (but does not take $179 expensel? Apply the tax law as amended by the CARES Act. Numer Response

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