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solve a and b The following information applies to the questions displayed below.) DLW Corporation acquired and placed in service the following assets during the

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The following information applies to the questions displayed below.) DLW Corporation acquired and placed in service the following assets during the year: Date Acquired 2/26 2/26 12/20 Asset Computer equipment Furniture Commercial building $ cost Basis 19,500 18,000 341,000 Assuming DLW 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.) a. What is DLW's year 1 cost recovery for each asset? Year 1 Cost Recovery Asset Computer equipment Furniture Commercial building Total 1 Next > DLW Corporation acquired and placed in service the following assets during the year: Date Aequired 2/26 2/26 12/20 Asset Computer equipment Furniture Commercial building $ cost Basis 19,500 18,000 341,000 Assuming DLW 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 DLW's year 3 cost recovery for each asset if DLW sells all of these assets on 3/14 of year 3? Year 3 Cost Recovery Asset Computer equipment Furniture Commercial building Total 33 Next >

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