Each eituatien is ceparato frem the other. Re cure to concider benuc, Foction $130,$ mid year or mid

Quarter depreciation. Show your work for partial credit. Find depreciation$-$ be sure to watch dates.

Indicate the depreciation recowery period and convention used with each asset.

New passenger lunury automoble$-$ purchase price $$65,000.$ July $10,2023.$ No bonus or Section

$179$ depreciation. Find depreciation for $2023.$

$1$a$.$ Same passenger luxury automobile$-$ Find depreciation for $2023$ if they took Bonus depreciation.

New office furniture$-$ purchase price $$28,000.$ On December $11,2022,$ No additional first$-$year

or Section $179$ deprediation. Find depreciation for $2022$ and $2023.$ This was the only asset

purchased in $2022.$

Residentlal building was purchased for rental property. Purchased Feb $3,2019$ for $$125,000.$

Find depreciation for $2022$ and $2023.$

Martin his becn buy crealing and managing his new ecenpiny. Below is a list of asces acyuied during

mearst whele dollar ameane.$)$

Nos considered a lusury automobile, thus not subject to the luxury autcenokile limitatioes$.$

biken oe odher ibsets in $2023.$ These are the aseets acquired during $2023.$

'Used noons fur business purpuies.

Find depreciation for all the awets for $2022$ and $2023.$ Nothing was sold. Show your ouk foe full crodit

Indicate the depreciation receven period and conventien used. Fully label your work$-$ partial crodit

will be given. $($For the $2022$ asses you will find deprecialion for $2022$ and $2023.$ No Soction $179$ or

banus elainted in $2022)$