Problem 9 At the beginning of the year, Poplock began a calendar-year dog boarding business called Griff's Palace Poplock bought and placed in service the following assets during the year: Date Acquired 3/23 5/12 Cost Basis $5,000 7,000 10,000 270,000 80,000 Asset Computer equipment Dog-grooming furniture Delivery pickup truck Commercial building Land lgnoring section 179 expensing and not considering bonus depreciation, what is the amount of year 1 depreciation deduction for each asset. Cemp.equip,1600 camm.Bi. 64 Problem 10 At the beginning of the year, Poplock began a calendar-year dog boarding business called Griff's Palace. Poplock bought and placed in service the following assets during the year: Cost Basis Date Acquired 3/23 5/12 Asset 5,000 Computer equipment Dog-grooming furniture Delivery pickup truck Commercial building Land 7,000 10,000 270,000 80,000 Considering Section 179 expensing and bonus depreciation, what is the total amount of year 1 depreciation deduction that may be claimed by Griff's Palace? Problem 9 At the beginning of the year, Poplock began a calendar-year dog boarding business called Griff's Palace Poplock bought and placed in service the following assets during the year: Date Acquired 3/23 5/12 Cost Basis $5,000 7,000 10,000 270,000 80,000 Asset Computer equipment Dog-grooming furniture Delivery pickup truck Commercial building Land lgnoring section 179 expensing and not considering bonus depreciation, what is the amount of year 1 depreciation deduction for each asset. Cemp.equip,1600 camm.Bi. 64 Problem 10 At the beginning of the year, Poplock began a calendar-year dog boarding business called Griff's Palace. Poplock bought and placed in service the following assets during the year: Cost Basis Date Acquired 3/23 5/12 Asset 5,000 Computer equipment Dog-grooming furniture Delivery pickup truck Commercial building Land 7,000 10,000 270,000 80,000 Considering Section 179 expensing and bonus depreciation, what is the total amount of year 1 depreciation deduction that may be claimed by Griff's Palace