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 3/13 Cost Basis $ 15,200 4/30 11/18 $ 20,500 $ 297,000 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.) Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Problem 10-47 Part a (Algo) a. What is DLW's year 1 cost recovery for each asset? Asset Computer equipment Furniture Commercial building Total Year 1 Cost Recovery $ 0 b. What is DLW's year 3 cost recovery for each asset if DLW sells these assets on 4/14 of year 3? Asset Computer equipment Furniture Commercial building Year 3 Cost Recovery Total $ 0