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Required information Convers Corporation ( calendar year - end ) acquired the following assets during the current tax year: ( ignore $ 1 7 9
Required information
Convers Corporation calendar yearend acquired
the following assets during the current tax year:
ignore $ expense and bonus depreciation for
this problem: Use MACRS Table Table and
Table
The delivery truck is not a luxury automobile.
In addition to these assets, Convers installed
qualified real property MACRS year, DB
on May at a cost of $
a What is the allowable MACRS depreciation on Convers's
property in the current year assuming Convers does not elect
expense and elects out of bonus depreciation?
Note: Round your intermediate calculations and final answer to
the nearest whole dollar amount.
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