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

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Required information [The following information applies to the questions displayed below.] Evergreen Corporation (calendar year-end) acquired the following assets during the current year: (Use MACRS Table 1 and Table 2.) *The delivery truck is not a luxury automobile. What is the allowable depreciation on Evergreen's property in the current year, assuming Evergreen does not elect 179 expense id elects out of bonus depreciation? b. What is the allowable depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciation? Table 1 MACRS Half-Year Convention TABLE 2b MACRS Mid-Quarter Convention: For property placed in service curing the second quarter TABLE 2c MACRS Mid-Quarter Convention: For property placed in service curing the third quarter

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