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! Required information [The following information applies to the questions displayed below.) At the beginning of the year, Anna began a calendar-year business and placed

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! Required information [The following information applies to the questions displayed below.) At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year: Asset Date Acquired Cost Basis Computers 1/30 $ 46,000 Office desks 2/15 $ 50,000 Machinery 7/25 $ 93,000 Office building 8/13 $ 424,800 Assuming Anna 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 Anna's year 1 cost recovery for each asset? Answer is complete but not entirely correct. Asset Computers Office desks Machinery Office building Total $ $ $ Year 1 Cost Recovery 9,200 7.145 13.290 407,040 436,675 $ $

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