Required information The following information applies to the questions displayed below) Dog Co. acquired and placed in service the following assets during the year. Cost Asset Computer equipment Furniture Commercial building Date Placed in Service 3/14 2/15 12/16 Basis $ 16,500 18,500 339,000 Assuming Dog Co. 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 Dog Co.'s year 3 cost recovery for each asset if Dog Co. sells all of these assets on 5/21 of year 3? Asset Year 3 Cost Recovery Computer equipment Furniture Commercial building Total $