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! Required information Problem 10-47 (LO 10-2) (Algo) [The following information applies to the questions displayed below.] DLW Corporation acquired and placed in service
! Required information Problem 10-47 (LO 10-2) (Algo) [The following information applies to the questions displayed below.] DLW Corporation acquired and placed in service the following assets during the year: Asset Computer equipment Furniture Commercial building Date Acquired Cost Basis 2/24 $ 12,000 4/17 11/5 $ 26,400 $264,000 Assuming DLW does not elect 179 expensing and elects not to use bonus depreciation, answer the following questions: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) Problem 10-47 Part b (Algo) b. What is DLW's year 3 cost recovery for each asset if DLW sells all of these assets on 5/25 of year 3? Year 3 Asset Cost Recovery Computer equipment Furniture Commercial building Total
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