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! Required information (The following information applies to the questions displayed below.) DLW Corporation acquired and placed in service the following assets during the year:

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! Required information (The following information applies to the questions displayed below.) DLW Corporation acquired and placed in service the following assets during the year: Asset Computer equipment Furniture Commercial building Date Acquired 3/13 4/30 11/18 Cost Basis $ 15,200 $ 20,500 $ 297,000 Assuming DLW 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.) a. What is DLW's year 1 cost recovery for each asset? Asset Year 1 Cost Recovery Computer equipment Furniture Commercial building Total $ 0 b. What is DLW's year 3 cost recovery for each asset if DLW sells these assets on 4/14 of year 3? Asset Year 3 Cost Recovery Computer equipment Furniture Commercial building Total $ 0

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