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Convers Corporation (calendar-year-end) acquired the following assets during the current tax year: (ignore 179 expense and bonus depreciation for this problem): (UseMACRSTable 1,Table2,andTable 5.) Asset

Convers Corporation (calendar-year-end) acquired the following assets during the current tax year: (ignore 179 expense and bonus depreciation for this problem): (UseMACRSTable 1,Table2,andTable 5.)

Asset Date Placed in Service Original Basis

Machinery October 25 $94,000

Computer equipment February 3 $34,000

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