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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

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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) Date Placed in Oeiginal Service Basis Machinery October 25 $ 80,000 Computer equipment February 3 17,500 Used delivery truck August 17 38,500 Furniture April 22 162,500 The delivery truck is not a luxury automobile Asset 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? Depreciation

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