$!$

Required information

Problem $10-54($LO $10-2,$ LO $10-3)($Algo$)$

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 $5.)$

$\backslash$table$[[$Asset$,\backslash$table$[[$Date Placed in$],[$Service$]],,\backslash$table$[[$riginal$],[$Basis$]]],[$Machinery$,$October $25,$$$,120,000],[$Computer equipment,February $3,,60,000],[$Delivery truck$*,$March $17,,73,000],[$Furniture$,$April $22,,200,000],[$Total$,,$$$,453,000]]$

"The delivery truck is not a luxury automobile

In addition to these assets, Convers installe dualified real property $($MACRS$,15$ year, $150\%$ DB$)$ on May $12$ at a cost of $$800,000.$

Problem $10-54$ Part a $($Algo$)$

a$.$ 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?

Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.

MACRS depreciation

$$,80,322$

$!$

Required information

Problem $10-54($LO $10-2,$ LO $10-3)($Algo$)$

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 i$,$ Thble $2$ and Jabis $5)$

$\backslash$table$[[\backslash$table$[[$Asset$],[$Machinery$],[$Computer equipment$],[$Delivery truck$*],[$Furniture$]],\backslash$table$[[$Date Placed$],[$Service$],[$Octoben $25],[$February $3],[$March $17],[$Apri$122]],\backslash$table$[[$Ortginal$],[$Basis$]]],[$$$120,000$