Dains Diamond Bit Drilling purchased the following assets this year

Connect C Secure I https:/ew cor pps Q Andrew Malinsa l QonMusic Contemp connect.htrri i tge ral * QChapter 5 Flashcand DQB 2015 My QR VewAll Clothing l MCTPrters inc lob- M for Talent Scirn e room 5 trivagncom r Back This window shows your responses and what was marked correct and incorrect from your previous attempt. Required information 26 The following information applies to the questions displayed below. Dain's Diamond Bit Drilling purchased the following assets this year. Purchase original Basis $92,8ee Part 2 of Asset Date Drill bits (s-year) Drill bits (s-year) Commercial building Jan-29 Aug-11 Jun-11 103,75e 289,e08 0/10 points awarded Assume its taxable income for the year was $75.500 for purposes of computing the 5179 expense (assume no bonus depreciation). (Use MACRS Table 1. Table 2, Table 3, Table 4 and Table 5.) (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.) Scored b. what is Dain's maximum depreciation expense for the year (including 5179 expense)? epreciation expense (including 179 expense) S 104,807 44 PM /2017