in 2019, Andes Corporation purchases $1.5 million of machinery (7-year property) and places it into service in its business.

In 2010, Andes Corporation purchases $1.5 million of machinery (7-year property) and places it into service in its business (Click the icon to view the MACRS half-year convention rates) Read the requirements a. What are Andes' depreciation deductions for 2019 and 2020 if Andes does not elect Sec. 179 expensing and elects out of bonus depreciation (Enter amounts in whole numbers, do not enter amounts in millions. Use MACRS rates to two decimal places, XXX%. Round the MACRS depreciation to the nearest dollar Complete all input fields. Enter a "0" for any zero amounts.) 2019 2020 Sec. 179 expense Bonus depreciation MACRS depreciation Total depreciation b. What are Andes' depreciation deductions for 2019 and 2020 if Andes elects Sec. 179 expensing for the assets and does not elect out of bonus depreciation (Enter amounts in whole numbers, do not enter amounts in millions. Use MACRS rates to two decimal places, X.XX%. Round the MACRS depreciation to the nearest dollar. Complete all input fields. Enter a "0" for any zero amounts) 2019 2020 Sec. 179 expense Bonus depreciation MACRS depreciation Enter any number in the edit fields and then continue to the next question c. What are Andes' depreciation deductions for 2019 and 2020 if Andes does not elect Sec. 179 expensing and does not elect out of bonus depreciation (Ent amounts in whole numbers, do not enter amounts in millions. Use MACRS rates to two decimal places, X.XX%. Round the MACRS depreciation to the nearest dollar. Complete all input fields. Enter a "O" for any zero amounts.) 2019 2020 Sec. 179 expense Bonus depreciation MACRS depreciation Total depreciation Enter any number in the edit fields and then continue to the next question. 0 Requirements are Andes' depreciation de numbers, do not enter amou ale all input fields. Enter a " us depreciation. (Enter amounts tion to the nearest dollar. 79 expense s depreciation RS depreciation depreciation What are Andes' depreciation deductions for 2019 and 2020 in each of the following situations? Assume the half-year convention applies and this is the only property Andes places into service in 2019. a. Andes does not elect Sec. 179 expensing and elects out of bonus depreciation b. Andes elects Sec. 179 expensing for the assets and does not elect out of bonus depreciation. c c. Andes does not elect Sec. 179 expensing and does not elect out of bonus . Andes does not elect Sec. 179 expensin depreciation hat are Andes' depreciation d amounts in whole numbers, st dollar. Complete all input flect out of bonus depreciation MACRS depreciation to the Print Done 179 expense danti to vie ents Recovery period and Depreciation Rates Recovery Year 15-Year s'depr o not fields 3-Year 33.33 44.45 14.81 7.41 ution. (Enter amounts in nearest dollar 10-Year 10.00 18.00 5-Year 20.00 32.00 19.20 11.52 11.52 5.76 14.29 24.49 17.49 12.49 8 882 11.52 9.22 tion lation Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 885 20-Year 3.750 7.219 6.677 6.177 5.713 5.285 4.888 4.522 4.462 4.461 4.462 4.461 4.462 4.461 4.462 4.461 4.462 on We' dep in whole omplete bonus depreciation pepreciation to the lation 2.95 ciation ber in the Print Done