Question 1 Andrew, a cash method tax payer, starts his company (an LLC) in 2020. Since his company is new, he has to purchase a many item for the business. Below are the list of items Andrew purchased in 2020: Date Purchase Item Cost Note 1/03/2020 Office furniture $20,000 2/5/2020 Computers $10,000 6/7/2020 Equipment $100,000 11/29/2020 Car $25,000 To use as the delivery vehicle a) What is Andrew total depreciation expenses in 2020? (Provide detailed calculations/explanations for possible partial credit) b) Assuming that Andrew cannot take any 179 deduction and Bonus depreciation, what is Andrew total depreciation expenses in 2020 for the items above? (Provide detailed calculations/explanations for possible partial credit) c) Andrew wrote you an email yesterday saying that he forgot to mention a few other expenditures in 2020. Those items are below: Legal cost + fees to establish the LLC: $5,000, paid in 1/1/2020 Warehouse rent: $18,000, paid in 06/31/2020 (the day that Andrew signed the rental contract). Andrew must pay the rent for 18 months ahead of time according to the contract. Ignore the other deduction in part a or b, how much deduction can Andrew claim for these new items in 2020? (Provide detailed calculations/explanations for possible partial credit)