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Required information [The following information applies to the questions displayed below.) Harris Corporation is a technology start-up in its second year of operations. The company

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Required information [The following information applies to the questions displayed below.) Harris Corporation is a technology start-up in its second year of operations. The company didn't purchase any assets this year but purchased the following assets in the prior year: Placed in Asset Service Basis Office equipment August 14 $ 10,000 Manufacturing equipment April 15 Computer system June 1 16,000 Total $ 94,000 68,000 Harris did not know depreciation was tax deductible until it hired an accountant this year and didn't claim any depreciation deduction in its first year of operation. (Use MACRS Table 1 and Table 2.) a. What is the maximum amount of depreciation deduction Harris Corporation can deduct in its second year of operation? (Leave no answer blank. Enter zero if applicable.) Depreciation deduction Required information [The following information applies to the questions displayed below.) Harris Corporation is a technology start-up in its second year of operations. The company didn't purchase any assets this year but purchased the following assets in the prior year: Asset Office equipment Manufacturing equipment Computer systen Total Placed in Service August 14 April 15 June 1 Basis $ 10,000 68,000 16,000 $ 94,000 Harris did not know depreciation was tax deductible until it hired an accountant this year and didn't claim any depreciation deduction in its first year of operation (Use MACRS Table 1 and Toble 2.) ces b. What is the basis of the office equipment at the end of the second year? (Leave no answer blank. Enter zero if applicable.) Basis of office equipment

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