insert Draw Page Layout Formulas DaL File Home General .A'A. E-9-20 wrap Text X, Cut .111 . ab Calibri Copy B 1 U .. 5-A- Merge & Center. $ . % Paste Alignment Clipboard A10 1 Calculate the total depteciation for these various assets- All assets are business use. 3 Joe purchased a 5 year asset for $1,190,000 on 6/13/18. Joe wants to take the maximum amoun 4 of depreciation possible (Section 179 depreciation). Taxable income for 2018 was $1,025,000. S Calculate the depreciation expense for 2018. Joe sold the asset in 2019. Additional first year 6 depreciation was not taken in 2018. Calculate the depreciation for 2019. 8 2018 2019: 10 12 13 14 15 21 Problems Sheet2 Sheet3G Ready O Type here to search