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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: (ignore 3179 expense
Required information [The following information applies to the questions displayed below.] Evergreen Corporation (calendar-year-end) acquired the following assets during the current year: (ignore 3179 expense and bonus depreciation for this problem): (Use MACRS Table 1 and Table 22) Date Placed Original in Service October 25 $ 94,000 February 3 August 17 April 22 Asset Basis Machinery Computer equipment Used delivery truck* Furniture 28,000 41,000 180,000 The delivery truck is not a luxury automobile a. what is the allowable MACRS depreciation on Evergreen's property in the current year assuming Evergreen does not elect 5179 expense and elects out of bonus depreciation? (Round your intermediate calculations to the nearest whole dollar amount.) MACRS depreciation
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