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nessn Jenner, a virologist, acquires the folowing assets to be used in his virology Placed In Service March 28, 2017 April 1, 2017 June 20,
nessn Jenner, a virologist, acquires the folowing assets to be used in his virology Placed In Service March 28, 2017 April 1, 2017 June 20, 2017 October 1, 2017 December 2, 2017 Asset Cost $ 28,000 35,000 1,400 400,000 6,000 Office Furniture& fixtures Computers & peripheral equipment Office supplies (paper, ink, etc.) Medical equipment 14-yr old horse (Buttons) used for medical experiments Dr. Jenner's taxable income from his business would not create a limitation for purposes of the 5179 deduction. Dr. Jenner does not want to take additional first-year depreciation (if available) Determine Dr. Jenner's cost recovery deduction under MACRS for each qualified asset and the total cost recovery deduction for 2017
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