Problem 2.48 (LO 2-2) (Algo) [The following Information applies to the questions displayed below.] At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year: Assuming Anna does not elect $179 expensing and elects not to use bonus depreclation, answer the following questions: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Note: Do not round Intermedlate calculatlons. Round your final answers to the nearest whole dollar amount. Problem 2-48 Part a (Algo) a. What is Anna's year 1 cost recovery for each asset? Problem 2.48 (LO 2-2) (Algo) [The following Information applies to the questions displayed below.] At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year: Assuming Anna does not elect $179 expensing and elects not to use bonus depreclation, answer the following questions: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Note: Do not round Intermedlate calculatlons. Round your final answers to the nearest whole dollar amount. Problem 2-48 Part b (Algo) b. What is Anna's year 2 cost recovery for each asset? Requlred Information Problem 2-63 (LO 2-2, LO 2-3) (Static) [The following information applies to the questions displayed below.] Assume that SIvart Corporation has 2022 taxable Income of $1,750,000 for purposes of computing the $179 expense and acquired several assets during the year. Assume the dellvery truck does not quallfy for bonus depreclation. (Use MACRS Table 1, Table 2, Table 3 , Table 4 and Table 5.) Problem 2-63 Part a (Static) a. What is the maximum amount of $179 expense SIvart may deduct for 2022? Problem 2.48 (LO 2-2) (Algo) [The following Information applies to the questions displayed below.] At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year: Assuming Anna does not elect $179 expensing and elects not to use bonus depreclation, answer the following questions: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Note: Do not round Intermedlate calculatlons. Round your final answers to the nearest whole dollar amount. Problem 2-48 Part a (Algo) a. What is Anna's year 1 cost recovery for each asset? Problem 2.48 (LO 2-2) (Algo) [The following Information applies to the questions displayed below.] At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year: Assuming Anna does not elect $179 expensing and elects not to use bonus depreclation, answer the following questions: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Note: Do not round Intermedlate calculatlons. Round your final answers to the nearest whole dollar amount. Problem 2-48 Part b (Algo) b. What is Anna's year 2 cost recovery for each asset? Requlred Information Problem 2-63 (LO 2-2, LO 2-3) (Static) [The following information applies to the questions displayed below.] Assume that SIvart Corporation has 2022 taxable Income of $1,750,000 for purposes of computing the $179 expense and acquired several assets during the year. Assume the dellvery truck does not quallfy for bonus depreclation. (Use MACRS Table 1, Table 2, Table 3 , Table 4 and Table 5.) Problem 2-63 Part a (Static) a. What is the maximum amount of $179 expense SIvart may deduct for 2022
