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: Asset Computer equipment Dog-grooming furniture Pickup truck Commercial building Land (one acre) Date Acquired 3/23 5/12 9/17 10/11 10/11 Cost Basis $ 8,000 10,000 10,000 300,000 110,000 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 a (Algo) a. What is Poplock's year 1 depreciation deduction for each asset? Asset $ Depreciation Deduction 1,200 $ 1,167 500 10,000 $ 0 Computer equipment Dog-grooming furniture Pickup truck Commercial building Land (one acre) Total $ $ $ 12,867 Drow 6 of 19 Moyt