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Required information (The following information applies to the questions displayed below. DLW Corporation acquired and placed in service the following assets during the year: Cost
Required information (The following information applies to the questions displayed below. DLW Corporation acquired and placed in service the following assets during the year: Cost Basis Date Asset Acquired Computer equipment Furniture Commercial building 1/19 9/22 3/3 17,000 25,700 321,000 Assuming DLW does not elect 5179 expensing or 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.) a. What is DLW's year 1 cost recovery for each asset? Year 1 Cost Recovery Asset Computer equipment Furniture Commercial building Total Required information (The following information applies to the questions displayed below. DLW Corporation acquired and placed in service the following assets during the year: Cost Basis Date Asset Acquired Computer equipment Furniture Commercial building 1/19 9/22 3/3 17,000 25,700 321,000 Assuming DLW does not elect 5179 expensing or 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.) a. What is DLW's year 1 cost recovery for each asset? Year 1 Cost Recovery Asset Computer equipment Furniture Commercial building Total
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