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DLW Corporation acquired and placed in service the following assets during the year: Asset Computer equipment Date Acquired 3/13 Cost Basis $ 15,200 Furniture
DLW Corporation acquired and placed in service the following assets during the year: Asset Computer equipment Date Acquired 3/13 Cost Basis $ 15,200 Furniture Commercial building 4/30 11/18 $ 20,500 $ 297,000 Assuming DLW does not elect $179 expensing and elects not to use bonus depreciation, answer the following questions: (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Problem 10-47 Part b (Algo) b. What is DLW's year 3 cost recovery for each asset if DLW sells these assets on 4/14 of year 3? Asset Computer equipment Furniture Commercial building Total Year 3 Cost Recovery $
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