Penguin Network Warehouses, LLC ("PNW, LLC") is a warehousing and logistics company providing grocery stores with climate-controlled storage and just-in-time delivery of perishable goods nationwide. PNW, LLC has 10 regional offices with the corporate headquarters being in Region 5, Chicago. Each regional office makes tangible personal property purchases based on the needs of each location and performs the data entry exercise of entering the purchase information into a central system for fixed asset tracking and depreciation purposes. Corporate has negotiated bulk pricing arrangements with its primary suppliers. Each regional office purchases tangible personal property from three primary suppliers as follows: Gentoo Refrigeration supplier of commercial cooling machinery and equipment Magellanic Resources supplier of computers and peripheral equipment used to manage logistics Emperor Office Furniture supplier of office furniture and fixtures Ms. Humboldt, the Corporate Tax Analyst, has exported the data from the central system and has created the following Tableau visualization. As typical of a start-up business, PNW, LLC expects to generate a current year loss with regular deprecation. As such, PNW, LLC does not elect Section 179 depreciation and opts out of bonus depreciation. PNW, LLC qualifies for the half year convention. Required: How much depreciation is reported by Dallas Region 6 on assets purchased from Magellanic Resources? How much depreciation is reported by Denver Region 8 on assets purchased from Magellanic Resources? What asset class life was used by Dallas Region 6 on assets purchased from Magellanic Resources? What asset class life was used by Denver Region 8 on assets purchased from Magellanic Resources? Did Denver Region 8 under or over report depreciation on assets purchased from Magellanic Resources? What is the correct depreciation for Denver Region 8 on assets purchased from Magellanic Resources?

After Class 16 i Saved Help Sa Regional Office: Seattle Region: 10 MACRS Year 1: 0.14290 Purchase Amount: 15,399,674 Tax Depreciation Year 1: \$2,200,614 Atlanta Boston Chicago Dallas Denver Kansas City New York City Philadelphia San Francisco Seattle Tableau Dashboard Activity 10-1: Depreciation (Static) Penguin Network Warehouses, LLC ("PNW, LLC") is a warehousing and logistics company providing grocery stores with climatecontrolled storage and just-in-time delivery of perishable goods nationwide. PNW, LLC has 10 regional offices with the corporate headquarters being in Region 5, Chicago. Each regional office makes tangible personal property purchases based on the needs of each location and performs the data entry exercise of entering the purchase information into a central system for fixed asset tracking and depreciation purposes. Corporate has negotiated bulk pricing arrangements with its primary suppliers. Each regional office purchases tangible personal property from three primary suppliers as follows: Gentoo Refrigeration - supplier of commercial cooling machinery and equipment Magellanic Resources - supplier of computers and peripheral equipment used to manage logistics Emperor Office Furniture - supplier of office furniture and fixtures Ms. Humboldt, the Corporate Tax Analyst, has exported the data from the central system and has created the following Tableau visualization. As typical of a start-up business, PNW, LLC expects to generate a current year loss with regular deprecation. As such, PNW, LLC not elect Section 179 depreciation and opts out of bonus depreciation. PNW, LLC qualifies for the half year convention. Required: a. How much depreciation is reported by Dallas Region 6 on assets purchased from Magellanic Resources? b. How much depreciation is reported by Denver Region 8 on assets purchased from Magellanic Resources? c. What asset class life was used by Dallas Region 6 on assets purchased from Magellanic Resources? d. What asset class life was used by Denver Region 8 on assets purchased from Magellanic Resources? e. Did Denver Region 8 under or over report depreciation on assets purchased from Magellanic Resources? f. What is the correct depreciation for Denver Region 8 on assets purchased from Magellanic Resources? Complete this question by entering your answers in the tabs below. How much depreciation is reported by Dallas Region 6 on assets purchased from Magellanic Resources