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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

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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 MACRS Table 1, Table 2, and Table 5.) "The delivery truck is not a luxury automobile. In addition to these sssets; Convers installed qualified real property (MACRS, 15 year, 150\% DB) on May 12 at a cost of $600,000 a. What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect 5179 expense and elects out of bonus depreciation? Note: Round your intermediate calculations to the nearest whole dollar amount. 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 5179 expense)? Note: Round your intermediate calculations to the nearest whole dollar amount

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