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Please create excel sheet A . For the properties listed below compute the depreciation taken over the useful life of the property. Assume that all

Please create excel sheet

A. For the properties listed below compute the depreciation taken over

the useful life of the property. Assume that all property is post-1986
property.
B. Include columns for the applicable AMT depreciation and the determined by using strait line (SL) method under ADS.
PROPERTY COST PLACED IN SERVICE
Tractor unit 19,000 15 Feb
Race horse over 2 years old 54,000 12 May
Computer 4,000 25 Nov
Luxury Automobile 67,800 15 May
General Purpose Truck 25,000 13 Oct
Office Desk 7,300 5 Jan
Office Safe 4,600 7 Sept
Light Boat 69,700 27 July
Petroleum Refining Instalation 154,000 15 June
Residental Rental Building 10,790,000 26 April
Nonresidental Rental Building 13,000,000 20 Nov
Abbreviation:
HY = half-year
MQ = mid-quarter
MM = mid-month
SL - strait line
DB - declining balance
Suggested Columns
Asset Description
Date Placed in Service
Cost Basis
Recovery Rate
MACRS Recovery Amount
MACRS Accumulated Depreciation
Adjusted Basis
AMT Rate
AMT Recovery Amount
AMT Accumulated Depreciation
AMT Adjustment
AMT Adjusted Basis

please help a really need help

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