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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

image text in transcribed 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 $740,000. What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect out of bonus epreciation (but does not take $179 expense)? ote: Round your intermediate calculations to the nearest whole dollar amount

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