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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

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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 3/3 1/19 9/22 Cost Basis $ 17,000 $ 25,700 $ 321,000 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.) b. What is DLW's year 3 cost recovery for each asset if DLW sells all of these assets on 2/2 of year 3? Asset Year 3 Cost Recovery Computer equipment Furniture Commercial building Total $ 0

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