! Required information [The following information applies to the questions displayed below] At the beginning of the current year, Poplock began a calendar-year dog boarding business called Griff's Palace. Poplock bought and placed in service the following assets during the year. Asset Computer equipment Dog-grooming furniture Pickup truck Commercial building Land (one acre) Assuming Poplock 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.) Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable. Asset Computer equipment Dog-grooming furniture Pickup truck Date Acquired 3/23 5/12 9/17 10/11 10/11 a. What is Poplock's year 1 depreciation deduction for each asset? Commercial building Land (one acre) Total $ $ $ $ $ Depreciation Deduction Cost Basis $ 7,000 9,000 10,000 290,000 100,000 18,000 1,572 2,000 1,659 23,231

Required information The following information applies to the questions displayed below] At the beginning of the current year. Poplock began a calendar-year dog boarding business called Grifts Palace Poplock bought and placed in service the following assets duning the year: Assuming Poplock does not elect 5179 expensing and elects not to use bonus depreciation, answer the following questions: (Use MACRS Jotle 1. Table 2 Iable 3. Table 4 and Jable 5) Note: Do not round intermediote calculations. Round your final answers to the nearest whole dollar amount. Leave no enswer blank. Enter zero if applicable. a. What is Poplocks year 1 depreciatuon deduction for each asset