of 2 23 Cants Required information Problem 10-46 (LO 10-2) (Algo) [The following information applies to the questions displayed below] At the beginning of the current year, Poplock began a calendar-year dog boarding business called Griff's Palace. Poplock bought and placed in service the following assets during the year. Arzet Date Acquired Computer equipment 3/23 Dog-grooming furniture 5/12 eBook Pickup truck 9/17 Commercial building 10/11 Land (one acre) 10/11 Cost Baziz $8,600 10, 600 10.000 306.000 116,000 Hint Ask Assuming Poplock does not elect $179 expensing and elects not to use bonus depreciation, answer the following questions: (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.) Print References Problem 10-46 Part a (Algo) a. What is Poplock's year 1 depreciation deduction for each asset? Asset Computer equipment Dog-grooming furniture Pickup truck Commercial building Land (one acre) Total $ Depreciation Deduction [The following Information applies to the questions displayed below] At the beginning of the current year, Poplock began a calendar-year dog boarding business called Griff's Palace. Poplock bought and placed in service the following assets during the year. Asset Date Acquired Computer equipment 3/23 Dog-grooning furniture 5/12 Pickup truck 9/17 Connercial building Land (one acre) 10/11 10/11 Cost Basis $8,600 10.600 10,000 306.000 116,000 Assuming Poplock does not elect $179 expensing and elects not to use bonus depreciation, answer the following questions: (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.) Problem 10-46 Part b (Algo) b. What is Poplock's year 2 depreciation deduction for each asset? Asset Computer equipment Dog-grooming furniture Pickup truck Commercial building Land (one acre) Total Depreciation Deduction