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Required information

Convers Corporation $($calendar year$-$end$)$ acquired the following assets durling the current tax year: $($Ignore $$179$ expense

and bonus depreclation for this problem$)$: $($Use MACRS Table $1,$ Table $2,$ and Table $5.)$

The delivery truck is not a luxury automobile.

In addition to these assets, Convers installed qualfied real property $($MACRS$,15$ year, $150\%$ DB$)$ on May $12$ at a cost of

$$300,000.$

a$.$ What is the allowable MACRS depreclation on Convers's property In the current year assuming Convers does not elect si$79$

expense and elects out of bonus depreclation?Required information

Convers Corporation $($calendar year$-$end$)$ acquired the following assets during the current tax year: $($Ignore $$179$ expense

and bonus depreclation for this problem$)$: $($Use MACRS Table $1,$ Table $2,$ and Table $5.)$

The delivery truck is not a luxury automobile.

In addition to these assets, Convers installed qualfied real property $($MACRS$,15$ year, $150\%$ DB$)$ on May $12$ at a cost of

$$300,000.$

a$.$ What is the allowable MACRS depreclation on Convers's property In the current year assuming Convers does not elect $$179$

expense and elects out of bonus depreclation?

Answer is complete but not entirely correct.