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solve for depreciation deduction Way Corporation disposed Ofthe following tangible personal property assets in the current year. Asset Furniture (7-year) Machinery ( I-year) Delivery truck*
solve for depreciation deduction
Way Corporation disposed Ofthe following tangible personal property assets in the current year. Asset Furniture (7-year) Machinery ( I-year) Delivery truck* isyear) (7year) Coputer used 100 percent for business, Date Acqu i red 5/12/19 3/23ne 9/17/21 le,'11.'22 10,' 11/23 oate Sold 7/15/23 3/15/23 3/13/23 8/11/23 Ion vent ion Basis s 87, see 104, see 46,eee 3e3,eee le6,eee Assume that the delivery truck is not a luxury auto. Calculate Way Corporation's 2023 depreciation deduction (ignore 9179 expense and bonus depreciation for this problem). (use MACRS and Note: Round your intermediate dollar calculations and final answer to the nearest whole dollar amount.
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