I have to fill out a 4562 form for class, I am not sure how to fill one out. I have to fill out the 4652 form based on one of my homework I had to do, the picture below shows the question it is based on. Someone please help!!

Explanation 18 Show correct answers Part 1 of 2 3.44/3.44 points awarded Required information Problem 10-53 (LO 10-2, LO 10-3) (Algo) The following information applies to the questions displayed below.) Evergreen Corporation (calendar year-end) acquired the following assets during the current year: (Use MACRS Table 1 and Table 2.) Scored eBook Asset Hint Machinery Computer equipment Used delivery truck Furniture Date Placed in Service October 25 February 2 August 17 April 22 Original Basis $ 114,000 43,000 56, een 205,00 Print References "The delivery truck is not a luxury automobile. Problem 10-53 Part a (Algo) a. What is the allowable depreciation on Evergreen's property in the current year, assuming Evergreen does not elect 5179 expense and elects out of bonus depreciation? (Round your intermediate calculations to the nearest whole dollar amount.) Depreciation S 65,386 Explanation a. $65,386, under the half-year convention, calculated as follows: Asset Machinery (7 year) Computer equipment (5 year) Used delivery truck (5 year) Furniture (7 year) Placed in Service October 25 February 3 August 17 April 22 (1) Original Basis $ 114,000 $ 43,000 $ 56,000 $ 205,000 $ 418,000 (2) Rate 14.29% 20.00% 20.00% 14.29% (1) * (2) Depreciation $ 16,291 $ 8,600 $ 11, 200 $ 29, 295 $ 65,386 Total Explanation b. $418,000, using 100 percent bonus depreciation. All of Evergreen's assets placed in service during the year are eligible for bonus depreciation. Placed in Service (1) Original Basis Quarter (2) Rate 100% October 25 Asset Machinery (7 year) Computer equipment (5 year) Used delivery truck (5 year) Furniture (7 year) 4th ist 100% February 3 August 17 April 22 $ 114,000 $ 43,000 $ 56,000 $ 205,000 (1) x (2) Depreciation $ 114,000 $ 43,000 $ 56,000 $ 205,000 $ 418,000 100% 3rd 2nd 100% Total $ 418,000 OMB No. 1545-0172 Form 4562 2021 Attachment Sequence No. 179 Identifying number Depreciation and Amortization (Including Information on Listed Property) Department of the Treasury Attach to your tax return. Internal Revenue Service (99) ) Go to www.irs.gov/Form4562 for instructions and the latest information. Name(s) shown on return Business or activity to which this form relates Evergreen Corporation Part1 Election To Expense Certain Property Under Section 179 Note: If you have any listed property, complete Part V before you complete Part I. 1 Maximum amount (see instructions).............. 2 Total cost of section 179 property placed in service (see instructions) 3 Threshold cost of section 179 property before reduction in limitation (see instructions) 4 Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter-O- 5 Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -O-. If married filing separately, see instructions .... 6 (a) Description of property (b) Cost (business use only) (c) Elected cost - 1050000 157000 1 2 3 4 5 6 11 placed in service period 7 Listed property. Enter the amount from line 29... 7 8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 8 8 9 Tentative deduction. Enter the smaller of line 5 or line 8 9 10 Carryover of disallowed deduction from line 13 of your 2020 Form 4562 10 11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5. See instructions 12 Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11 12 13 Carryover of disallowed deduction to 2022. Add lines 9 and 10, less line 12 13 Note: Don't use Part II or Part III below for listed property. Instead, use Part V. Part II Special Depreciation Allowance and Other Depreciation (Don't include listed property. See instructions.) 14 Special depreciation allowance for qualified property (other than listed property) placed in service during the tax year. See instructions ... 14 15 Property subject to section 168(1)(1) election 15 16 Other depreciation (including ACRS) 16 Part III MACRS Depreciation (Don't include listed property. See instructions.) Section A 17 MACRS deductions for assets placed in service in tax years beginning before 2021 17 18 If you are electing to group any assets placed in service during the tax year into one or more general asset accounts, check here ..................... Section B-Assets Placed in Service During 2021 Tax Year Using the General Depreciation System b) Month and year (c) Basis for depreciation c (a) Classification of property (d) Recovery (business/investment use (e) Convention (1) Method (g) Depreciation deduction only-see instructions) 19a 3-year property b5-year property c7-year property d 10-year property e 15-year property f 20-year property g 25-year property 25 yrs S/L h Residential rental 27.5 yrs. MM S/L SL property 27.5 yrs. MM S/L SL i Nonresidential real MM S/L property MM S/L Section C-Assets Placed in Service During 2021 Tax Year Using the Alternative Depreciation System 20a Class life S/L b 12-year 12 yrs. S/L c 30-year 30 yrs. MM S/L d 40-year 40 yrs MM S/L Part IV Summary (See instructions.) 21 Listed property. Enter amount from line 28 ...: 21 22 Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enter here and on the appropriate lines of your return. Partnerships and S corporations-see instructions 22 23 For assets shown above and placed in service during the current year, enter the portion of the basis attributable to section 263A costs . . . . . . 23 For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 12906N Form 4562 (2021) 39 yrs. cost Form 4562 (2021) Page 2 Part V Listed Property (Include automobiles, certain other vehicles, certain aircraft, and property used for entertainment, recreation, or amusement.) Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a, 24b, columns (a) through (c) of Section A, all of Section B, and Section C if applicable. Section A-Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.) 24a Do you have evidence to support the business/investment use claimed? Yes No 24b If "Yes," is the evidence written? Yes No (a) (c) (b) (e) (d) Business d Basis for depreciation (1) (g) Type of property (list Date placed investment use Cost or other basis (business/investment (h) 0 Recovery Method Depreciation Elected section 179 vehicles first) period Convention deduction percentage use only) 25 Special depreciation allowance for qualified listed property placed in service during the tax year and used more than 50% in a qualified business use. See instructions 25 26 Property used more than 50% in a qualified business use: % % % 27 Property used 50% or less in a qualified business use: % S/L- % S/L- % S/L- 28 Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1 28 29 Add amounts in column (0), line 26. Enter here and on line 7, page 1 29 Section B-Information on Use of Vehicles Complete this section for vehicles used by a sole proprietor, partner, or other more than 5% owner," or related person. If you provided vehicles to your employees, first answer the questions in Section C to see if you meet an exception to completing this section for those vehicles