Problem 10-53 (LO 10-2, LO 10-3) (Algo) Skip to question [The following information applies to the questions displayed below.] Evergreen Corporation (calendar year-end) acquired the following assets during the current year: (Use MACRS Table 1 and Table 2.) Asset Date Placed in Service Original Basis Machinery October 25 $ 90,000 Computer equipment February 3 25,000 Used delivery truck* August 17 38,000 Furniture April 22 175,000 *The delivery truck is not a luxury automobile. Problem 10-53 Part b (Algo) b. What is the allowable depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciation and elects out of 179 expense?

Required information Problem 10-53 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below.] Evergreen Corporation (calendar year-end) acquired the following assets during the current year: (Use MACRS Table 1 and Table 2.) *The delivery truck is not a luxury automobile. roblem 10-53 Part b (Algo) What is the allowable depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciation id elects out of $179 expense