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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 3/4 3/28 10/14 Cost Basis $ 18, 200 $ 20,300 $ 306,000 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? Answer is complete but not entirely correct. Year 1 Asset Cost Recovery Computer equipment $ 3,640 Furniture 2,901 Commercial building 2,292 Total $ 8,833 $ $

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