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Convers Corporation (June 30 year-end) acquired the following assets during the current tax year (ignore $179 expense and bonus depreciation for this problem) Placed in
Convers Corporation (June 30 year-end) acquired the following assets during the current tax year (ignore $179 expense and bonus depreciation for this problem) Placed in Service Date November 22 January 23 January 5 June 22 Original Basis 89,000 14,800 30,500 246,000 Asset Machinery Computer equipment Used delivery truck* Furniture Total $ 380,300 The delivery truck is not a luxury automobile What is the allowable MACRS depreciation on Convers's property in the current year? (Use MACRS Table 1, Table 2. Table 3, Table 4 and Table 5.) (Round your intermediate dollar calculations and final answer to the nearest whole dollar amount.) MACRS depreciation
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