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Required information Problem 10-47 (LO 10-2) The following information applies to the questions displayed below DLW Corporation acquired and placed in service the following assets
Required information Problem 10-47 (LO 10-2) The following information applies to the questions displayed below DLW Corporation acquired and placed in service the following assets during the year: Date Acquired Cost Basis Asset 3/5 4/22 8/19 $ Computer equipment Furniture Commercial building 18, 500 25, 900 291, 000 Assuming DLW does not elect 179 expensing or 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 b. What is DLW's year 3 cost recovery for each asset if DLW sells all of these assets on 3/26 of year 3
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