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Required information Convers Corporation (calendar year-end) acquired the following assets during the current tax year (ignore 179 expens 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 expens and bonus depreciation for this problem): (Use MACRS Table1. 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 $300.000. 0. 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

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