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Required information [The following information applies to the questions displayed below.] Fvercreen Corporation (calendar year-end) acquired the following assets during the current year: *The delivery

image text in transcribedimage text in transcribedimage text in transcribed Required information [The following information applies to the questions displayed below.] Fvercreen Corporation (calendar year-end) acquired the following assets during the current year: *The delivery truck is not a luxury automobile. What is the allowable depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciation nd elects out of 179 expense? Answer is complete but not entirely correct. Table 1 MACRS Half-Year Convention TABLE 2a MACRS Mid-Quarter Convention: For property placed in service during the first quarter TABLE 2b MACRS Mid-Quarter Convention: For property placed in service dwing the second quarter TABLE 2c MACRS Mid-Quarter Convention: For propery placed in service during the third quarter TABLE 2d MACRS-Mid Quarter Convention: For property placed in service during the fourth quarter

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