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! Required information [The following information applies to the questions displayed below.] Evergreen Corporation (calendar year-end) acquired the following assets during the current year:
! Required information [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 $ 100,000 32,500 August 17 April 22 45,500 187,500 Furniture *The delivery truck is not a luxury automobile. b. What is the allowable depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciation? > Answer is complete but not entirely correct. Depreciation $ 422,184
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