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n 20192019, WoburnWoburn Corporation purchases $ 1.7$1.7 million of machinery (7-year property) and places it into service in its business. LOADING... (Click the icon to

n

20192019,

WoburnWoburn

Corporation purchases

$ 1.7$1.7

million of machinery (7-year property) and places it into service in its business.

LOADING...

(Click the icon to view the MACRS half-year convention rates.)Read the requirements

LOADING...

.a. What are

Woburn'sWoburn's

depreciation deductions for

20192019

and

20202020

if

WoburnWoburn

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, 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

Total depreciation

b.What are

Woburn'sWoburn's

depreciation deductions for

20192019

and

20202020

if

WoburnWoburn

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

Total depreciation

c.What are

Woburn'sWoburn's

depreciation deductions for

20192019

and

20202020

if

WoburnWoburn

does not elect Sec. 179 expensing 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

Total depreciation

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