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 Comercial building Date Acquired 2/23 6/20 8/10 Cost Basis $ 13,500 $ 24,600 5 335,000 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 af DLW sells all of these assets on 5/4 of year 3? Answer is complete but not entirely correct. Year Cost Recovery Computer equipment $ 1.296 Furniture 5 2,151 Commercial building $ 196 Total 5 3.643 Table 1 MACRS Half-Year Convention Year 1 Depreciation Rate for Recovery Period 3-Year 5-Year 7-Year 10-Year 15-Year 33.33% 20.00% 14.29% 10.00% 5.00% 44.45 32.00 24.49 18.00 9.50 14.81 19.20 17.49 14.40 8.55 7.41 11.52 12.49 11.52 7.70 Year 2 20-Year 3.750% 7.219 6.677 6.177 5.713 Year 3 Year 4 Year 5 11.52 8.93 9.22 6.93 Year 6 5.76 8.92 7.37 6.23 5.285 Year 7 8.93 5.90 4.888 Year 8 6.55 6.55 4.46 5.90 4.522 Year 9 6.56 4.462 Year 10 5.91 5.90 6.55 4.461 Year 11 3.28 5.91 4.462 Year 12 Year 13 5.90 4.461 4.462 5.91 5.90 4.461 Year 14 Year 15 Year 16 Year 17 5.91 4.462 2.95 Year 18 Year 19 4.461 4.462 4.461 4.462 4.461 2.2319 Year 20 Year 21 Month 9 Month 8 1.36496 3.636 3.636 8.637 3.636 3.637 3.636 3.637 3.636 1,06196 3.636 3.636 3.637 3.636 3.637 3.636 3.636 TABLE 3 Residential Rental Property Mid-Month Convention Straight Line 27.5 Years Month Property Placed in Service Month 1 Month 2 Month 3 Month 4 Month Month 6 Month 7 Year 1 3.485% 3.1829 2.87996 2.5769 2.2739 1.9709 1.6676 Year 2.9 3.636 3.636 3.636 3.636 3.636 3.636 3.636 Year 10 3.637 3.637 3.637 3.637 3.637 3.637 3.636 Year 11 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 12 3.637 3.637 3.637 3.637 3,637 3.637 3.636 Year 13 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 14 3.637 3.637 3.637 3.637 3.637 3.637 3.636 Year 15 3.636 3.636 3.636 3.636 3.636 3.637 Year 16 3.637 3.637 3.637 3.637 3.637 3.637 3.636 Year 17 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 18 3.637 3.637 3.637 3.637 3.637 3.637 3.636 Year 19 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 20 3.637 3.637 3.637 3.637 3.637 3.637 3,636 Year 21 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 22 3.637 3.637 3.637 3.637 3.637 3.637 3.636 Year 23 3:636 3.636 3.636 3.636 3,636 3.636 3.637 Year 24 3.637 3.637 3.637 3.637 3.637 3.637 3.636 Year 25 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 26 3.637 3.637 3.637 3.637 3.637 3.637 3.636 Year 27 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 28 1.97 2.273 2.576 2.879 3.182 3.636 Year 29 0.152 3.637 3.636 3.637 3.636 3.637 3.637 3.636 3.637 3.636 3.637 3.636 3.637 3.636 3.637 3.636 3.637 3.636 0.455 Month 10 Month 11 Month 12 0.75894 0.45596 0.15296 3.636 3.636 3.636 3.636 3.636 3.636 3.637 3.637 3.637 3.636 3.636 3.636 3.637 3.637 3.637 3.636 3.636 3.636 3.637 3.637 3.637 3.636 3.636 3.636 3.637 3.637 3.637 3.636 3.634 1636 3.637 3.637 3.637 3.636 3.636 3.636 3.637 3.637 3.637 3.636 3.636 3.636 3.637 3.637 3.637 3.636 3.636 3.636 3.637 3.637 3.637 3.636 3.636 3.636 3.637 3.637 3.636 3.636 1.061 1364 3.636 3.637 3.636 3.637 3.636 3.637 3.636 3.637 3.636 0.758 3.637 3.485 1.667 IN HON Muntli 10 Meath 12 TO TO LIE ION SKI KIT SK Sot LE SAT SININ WEGO SATE STE PI 0.6611 3.135 3,115 D13 3173 SLIK SLI TCC FLI LIE HU HA HI 6 EL NCIES FLI CLIE PLE FLIE PATE SGK PL FI LIE 114 3.115 BAS 3.174 TA TE 11 PE SIE 61 PIC GET TATE SIC TEIE RE SULE PIE SLIK PIE SALE PLLC ca TLE LIT LIE HI LIE SLI LIE SLI PIE Sk SAI SIE ITS CLIC PIE 3174 PATE Sre TE IS STE 1174 3.175 1174 5.175 PE 2175 SIE SLE TABLE Norral Property Mid Net Chevarri i Mini Meny PKE Month Nonth 2 Mouth Month Month N Vari 2.77 13204 Year 2.7 3.175 3.175 Years 3.178 3.174 1.175 3.174 3.175 3,174 1175 Year 10 3.74 3.175 3,173 M14 1.15 Year 11 3.175 3.174 174 3.114 Year 12 1174 125 3.175 Year 13 3.194 3.175 3.174 194 2.173 3174 Year 14 3.175 3.178 3.174 175 Year 15 3.174 3.175 2.174 Year 16 2.175 3.114 3175 Year 17 3.174 Year 18 3.175 3.175 3.174 3.174 3.173 Year 19 3.174 3.15 3.74 3.174 Year 20 3.173 3.175 3.175 3.174 Year 21 3.174 3.174 3.125 Year 22 3.175 3.175 3.175 3174 3.195 Year 23 3.124 2178 3.174 3.113 Year 24 3.175 3.175 3.114 3.175 3.174 3.175 Year 25 3.IT 3.175 1.175 3.174 3.174 Year 26 175 3.153 XIT4 3.75 Year 27 3.175 3.14 3.175 3.175 Year 2 3.174 3.15 2.174 3.174 Year 29 3.174 3.174 3.175 3.175 3.175 Year 30 3.174 3.175 Year 31 3.174 3.174 3.173 Year 32 2.513 3.778 3.175 Year33 0 197 Hot SIE TIE PATE SLIE MIT SLEE PIT SLTE PATE SLIE PI SLIE TIE SATE PLIE S21E DATE SLI THE SIE LIE GELE TATE ME SE 1.174 1.175 941 VIE 3.175 3.174 3.175 SALE VIE SIG PIE TETS LIE SLIE LIE SLI TIE SLTE STE TIE SLI TIE SI PLE PRE PATE S216 LIT SLTE WT 3.175 SLI TUIS 1.175 3.174 PLE'S SLI'S PIS SA TE SIE TLIC 21 SATE PATE PETE FIE SIC PLIT 5216 TEIE CLIE TE STE 1.17 1175 3.114 3.175 3174 NIE SLIE PIS SLLE LIE PAIS SI 3174 3.175 SEE PIE SLIE 2.174 TIE PIT SLI SIS PLIE OCLT SLIE TIE OPEZ 3.175 3.75 FUTE TE CLE TE PIE TIE 1861 SLEE CITO 0.661 0.926 1.190 ST! TABLE Neredential Real Property MM Month Convention Straight line 39 Year (for its placed in service on or after May 13, 1993) Month Property Placed in Service Mouth 1 Month 2 Meuth3 Month Meaths Month 6 Month Months Mouth Year 1 2.4619 2-3479 2.0334 18194 L605 1.3914 1.191 0.96.1% 07-01 Year 2-39 2564 2564 2564 2.564 256 2364 Year 40 0.107 0.321 0,335 0.749 0.963 1.177 1.391 1.005 1819 News 10 0.5399 Mon 11 0331 2.564 Mai 0.10 2.564 2.566 2564 2,033