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during 2019, Pepe Guardio purchases the following property for use in his calendar year-end manufacturing business: manufacturing equipment (7year) June 2 $40000 office furniture September
during 2019, Pepe Guardio purchases the following property for use in his calendar year-end manufacturing business: manufacturing equipment (7year) June 2 $40000
office furniture September 15 6000 office computer November 18 2000 Passenger automobile (used 90 percent for business) May 31 $54000 warehouse june 23 building $165000 land $135000 Pepe uses the accelerated depreciation method under MACRS and take bonus depreciation. Complete Form 4562, Depreciation and Amortization to determine the depreciation expense.
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