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.) Machinery Asset Computer equipment Delivery truck* Furniture Total Date Placed in Service October 25 February 3 March 17 Original Basis $ 114,000 54,000 April 22 67,000 194,000 $ 429,000 *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 $740,000. Problem 02-54 Part b (Algo) 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 $179 expense)? Note: Round your intermediate calculations to the nearest whole dollar amount. MACRS depreciation