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Problem 10-50 (LO 10-2) (Algo) Way Corporation disposed of the following tangible personal property assets in the current year. Original Basis Asset Date Acquired:

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Problem 10-50 (LO 10-2) (Algo) Way Corporation disposed of the following tangible personal property assets in the current year. Original Basis Asset Date Acquired: Date Sold Convention Furniture (7-year) 5/12/2018 9/15/2022 HY $ 60,000 Machinery (7-year) 3/23/2019 3/15/2022 MO 77,000 Delivery truck (5-year) 9/17/2020 3/13/2022 HY 24,000 Machinery (7-year) 10/11/2021 8/11/2022 275,200 Computer (5-year) 10/11/2022 12/15/2022 HY 84,000 *Used 100 percent for business. Assume that the delivery truck is not a luxury auto. Calculate Way Corporation's 2022 depreciation deduction (ignore 179 expense and bonus depreciation for this problem). (Use MACRS Table 1, Table 2, and Exhibit 10-6.) Note: Round your intermediate dollar calculations and final answer to the nearest whole dollar amount. Depreciation deduction

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