Problem 10-53 (LO 10-2; LO 10-3)

[The following information applies to the questions displayed below.]

Evergreen Corporation (calendar-year-end) acquired the following assets during the current year: (ignore 179 expense and bonus depreciation for this problem): (Use MACRS Table 1 and Table 2.)

	Date Placed		Original
Asset	in Service		Basis
Machinery	October 25	$	70,000
Computer equipment	February 3		10,000
Used delivery truck*	August 17		23,000
Furniture	April 22		150,000

*The delivery truck is not a luxury automobile.

Problem 10-53 Part b

b. What would be the allowable MACRS depreciation on Evergreens property in the current year if Evergreen does not elect out of bonus depreciation?