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Required information Problem 10-53 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below.] Evergreen Corporation (calendar year-end) acquired the following
Required information Problem 10-53 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below.] Evergreen Corporation (calendar year-end) acquired the following assets during the current year: (Use MACRS Table 1 and Table 2.) Asset Machinery Computer equipment Used delivery truck* Date Placed in Service October 25 February 3 Original Basis $ 82,000 19,000 August 17 32,000 April 22 165,000 Furniture *The delivery truck is not a luxury automobile. oblem 10-53 Part b (Algo) What is the allowable depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus preciation? MACRS depreciation Problem 10-53 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below.] Evergreen Corporation (calendar year-end) acquired the following assets during the current year: (Use MACRS Table 1 and Table 2.) Asset Machinery Computer equipment Used delivery truck* Date Placed in Service October 25 February 3 Original Basis $ 82,000 19,000 August 17 April 22 32,000 165,000 Furniture *The delivery truck is not a luxury automobile. Problem 10-53 Part a (Algo) a. What is the allowable depreciation on Evergreen's property in the current year, assuming Evergreen does not elect 179 expense and elects out of bonus depreciation? Note: Round your intermediate calculations to the nearest whole dollar amount. Depreciation
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