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Required Information Problem 10-53 (LO 10-2, LO 10-3) [The following information applies to the questions displayed below.] Evergreen Corporation (calendar-year-end) acquired the following assets during

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Required Information Problem 10-53 (LO 10-2, LO 10-3) [The following information applies to the questions displayed below.] Evergreen Corporation (calendar-year-end) acquired the following assets during the current year: (Ignore $179 expense and bonus depreciation for this problem): (Use MACRS Table 1 and Table 2.) Asset Machinery Computer equipment Used delivery truck* Furniture Date Placed in Service October 25 February 3 August 17 April 22 Original Basis $ 118,000 46,000 59,000 210,000 *The delivery truck is not a luxury automobile. Problem 10-53 Part b b. What is the allowable MACRS depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciation? MACRS depreciation Required Information Problem 10-53 (LO 10-2, LO 10-3) [The following information applies to the questions displayed below.] Evergreen Corporation (calendar-year-end) acquired the following assets during the current year: (Ignore $179 expense and bonus depreciation for this problem): (Use MACRS Table 1 and Table 2.) Asset Machinery Computer equipment Used delivery truck* Furniture Date Placed in Service October 25 February 3 August 17 April 22 Original Basis $ 118,000 46,000 59,000 210,000 *The delivery truck is not a luxury automobile. Problem 10-53 Part b b. What is the allowable MACRS depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciation? MACRS depreciation

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