Required information

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

and bonus depreciation 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 qualified real property $($MACRS$,15$ year, $150\%$ DB$)$ on May $12$ at a cost of

$$640,000.$

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

expense and elects out of bonus depreciation?

Note: Round your intermediate calculations to the nearest whole dollar amount.

MACRS depreciation

b$.$ What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect out of bonus

depreciation $($but does not take $$179$ expense$)?$

Note: Round your intermediate calculations to the nearest whole dollar amount.