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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

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Required information Convers Corporation (calendar-year-end) acquired the following assets during the current tax year (ignore $179 expense and bonus depreciation for this problem) (Use MACRS Table 1. Table 2and Table 5) Date Placed Ordginal Asset in Service Basis Machinery Computer equipment October 25$ 76,080 February 3 $10,080 S 23,0ee Apri1 22S150,990 s 253,0e9 Used delivery truckMarch Furniture Total The delivery truck is not a luxury automobile. In addition to these assets, Convers installed new flooring (qualified improvement property) to its office building on May 12 at a cost of $300000 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 9179 expense

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