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Required information Problem 1 0 - 5 3 ( LO 1 0 - 2 , LO 1 0 - 3 ) ( Algo ) [

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Problem 10-53(LO 10-2, LO 10-3)(Algo)
[The following information applies to the questions displayed below.]
Evergreen Corporation (calendar year-end) acquired the following assets during the current year: (Use MACRS Table 1 and Table 2.)
\table[[,Date Placed in,Original],[Asset,Service,Basis],[Machinery,October 25,$118,000
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