Problem 10-47 (LO 10-2) (Algo)

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DLW Corporation acquired and placed in service the following assets during the year:

Asset	Date Acquired	Cost Basis
Computer equipment	3/5	$ 18,500
Furniture	4/22	$ 25,900
Commercial building	8/19	$ 291,000

Assuming DLW 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.)

Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.

Problem 10-47 Part b (Algo)

b. What is DLW's year 3 cost recovery for each asset if DLW sells these assets on 3/26 of year 3?

Asset	Year 3 cost recovery
Computer equipment
Furniture
Commercial building
total