Convers Corporation (calendar year-end) acquired the following assets during the current tax year: (ignore 5179 expense and bonus depreciation for this problem): (Use MACRS Table 1. Table 2 and Table 5.). Asset Machinery Computer equipment Delivery truck Furniture Total Date Placed in Original Basis 10,000 Service October 25 $ 70,000 February 3 March 17 April 22 23,000 150,000 $253,000 "The delivery truck is not a luxury automobile. In addition to these assets, Convers installed qualified real property (MACRS, 15 year, 150% DB) on May 12 at a cost of $300,000. Problem 10-54 Part a (Static) 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? MACRS depreciation 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). Asset Machinery Computer equipment Delivery truck Furniture Total Date Placed in Original Service October 25 February 3 March 17 April 22 Basin $ 70,000 10,000 23,000 150,000 $ 253,000 "The delivery truck is not a luxury automobile. In addition to these assets, Convers installed qualified real property (MACRS, 15 year, 150% DB) on May 12 at a cost of $300,000. Problem 10-54 Part b (Static) b. What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect out of bonus depreciation (but does not take 5179 expense)? MACRS depreciation