Debra acquired the following new assets during 2016: Debra does not elect immediate expensing under sect 179. She does not claim any available additional first-year depreciation. If required, round your answers to the nearest dollar. Click here to access Exhibit 8.3 and Exhibit 8.4 of the textbook. What MACRS convention applies to the assets? Mid-quarter What class of property is each asset for MACRS? Furniture: Seven-year Trucks: Five-year Computers: Five-year The cost recovery deductions for the current year is