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! Required information [The following information applies to the questions displayed below.] At the beginning of the current year, Poplock began a calendar-year dog
! 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.) (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.) Asset Date Acquired 3/23 5/12 9/17 10/11 10/11 b. What is Poplock's year 2 depreciation deduction for each asset? Computer equipment Dog-grooming furniture Pickup truck Commercial building Land (one acre) Total $ Cost Basis $ 6,400 8,400 10,000 284,000 94,000 Depreciation Deduction 0
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