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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

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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 assets during the current year: (Use MACRS Table 1 and Table 2) Date Placed in Original Asset Service Basis Machinery October 25 $ 74,000 Computer equipment February 3 13,000 Used delivery truck August 17 26,000 Purniture April 22 155,000 "The delivery truck is not a luxury automobile. Problem 10-53 Part b (Algo) b. What is the allowable depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciation? Depreciation

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