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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: (ignore $179 expense

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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: (ignore $179 expense and bonus depreciation for this problem): (Use MACRS Table 1 and Table 2.) Date Placed Original Asset in Service Basis Machinery October 25 $ 76,000 Computer equipment February 3 14,500 Used delivery truck* August 17 27,500 Furniture April 22 157,500 *The delivery truck is not a luxury automobile. b. What is the allowable MACRS depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciation? MACRS depreciation $ 151,500

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