How does CULPRIT - Scope , LIC calculate depreciation deductions related to the equipment contributed by Clark ? Describe how depreciation deductions for this equipment should be allocated between the two LIC members under the traditional method . " Refer to the MACRS depreciation table provided Calculate the depreciation deduction for the year the property is contributed to the LLC . Calculate the amount allocated to each of the LICmembers in the contribution year using the traditional method " Show your calculations