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Required information (The following information applies to the questions displayed below.) At the beginning of the current year, Poplock began a calendar-year dog boarding business

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Required information (The following information applies to the questions displayed below.) At the beginning of the current year, Poplock began a calendar-year dog boarding business called Griff's Palace Poplock bought and placed in service the following assets during the year Asset Date Acquired Cost Basis Computer equipment 3/23 $ 6,600 Dog-grooming furniture 5/12 8,600 Pickup truck 9/17 10,000 Commercial building 10/11 286,000 Land (one acre) 10/11 96,000 Assuming Poplock does not elect 5179 expensing and elects not to use bonus depreciation, answer the following questions: (Use MACRS Table 1. Table 2. Table 3. Toble 4 and Table 5) (Do not round Intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answer blonk. Enter zero if applicable.) a. What is Poplock's year 1 depreciation deduction for each asset? Depreciation Deduction Asset Computer equipment Doo grooming furniture Pickup truck Commercial building Land (one acro) Total Asset Required information (The following information applies to the questions displayed below) At the beginning of the current year, Poplock began a calendar year dog boarding business called Griff's Palace Poplock bought and placed in service the following assets during the year Date Acquired Cost Basis Computer equipment $ 6,600 Dog-grooming furniture 5/12 8,600 Pickup truck 9/17 10,000 Commercial building 10/11 286,000 Land (one acre) 10/11 96,000 Assuming Poplock does not elect 5179 expensing and elects not to use bonus depreciation, answer the following questions: (Use MACRS Table 1. Table 2. Table 3. Tobie 4 and Toblo 5.) (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.) 3/23 b. What is Poplock's year 2 depreciation deduction for each assot? Depreciation Deduction Asset Computer equipment Dog-grooming furniture Pickup truck Commercial building Land (one acro) Total

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