! Required Information Problem 10-48 (LO 10-2) (Algo) [The following information applies to the questions displayed below.) At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year: Date Acquired Computers $ 53,500 Office desks $ 57,500 Machinery 7/25 Office building 8/13 $ 434,000 Assuming Anna 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.) Asset Cost Basis 1/30 2/15 $ 100, 500 Problem 10-48 Part a (Algo) a. What is Anna's year 1 cost recovery for each asset? Asset Year 1 Cost Recovery Computers Office desks Machinery Office building Total Required Information Problem 10-48 (LO 10-2) (Algo) [The following information applies to the questions displayed below.] At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year: Asset Computers Office desks Machinery Office building Date Acquired 1/30 2/15 7/25 8/13 Cost Basis $ 53,500 $ 57,500 $ 100, 500 $ 434,600 Assuming Anna 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 10-48 Part b (Algo) b. What is Anna's year 2 cost recovery for each asset? Asset Year 2 Cost Recovery Computers Office desks Machinery Office building Total