QUESTIONS DLW Corporation acquired and placed in service the following assets during the year Asset Computer equipment Furniture Commercial building Date Acquired 2/17 5/12 11/1 Cost Basis $10,000 $16.000 $270.000 Assuming DLW does not elect 5179 expensing and elects not to use bonus depreciation, what is DLWs year 3 cost recovery for each asset if DLW sells all of these assets on 1/23 of year 37 QUESTION G On November 10 of yoor 1 Javier purchased a building, including the land it was on, to assemble his new equipment. The total cost of the purchase was $1,300,000, 15% was allocated to the basis of the land and the romaining 85% was allocated to the basis of the building Using MACRS, what is Javier's depreciation expense on the building for year 2? QUESTION 7 On March 25 of year 1 Javier purchased an apartment building, including the land it was on. The total cost of the purchase was $1,300,000, 10% was allocated to the basis of the land and the remaining 90% was allocated to the basis of the building Using MACRS, what is Javier's depreciation expenso on the building for year 3