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The answer just got partial credits. I don't know why. mcyuncu Turma un Problem 10-47 (LO 10-2) [The following information applies to the questions displayed
The answer just got partial credits. I don't know why.
mcyuncu Turma un Problem 10-47 (LO 10-2) [The following information applies to the questions displayed below.] DLW Corporation acquired and placed in service the following assets during the year: Date Acquired 2/25 3/14 10/13 Asset Computer equipment Furniture Commercial building $ Cost Basis 14,000 19,100 309,000 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.) Problem 10-47 Part-b b. What is DLW's year 3 cost recovery for each asset if DLW sells all of these assets on 2/24 of year 3? Assuming DLW does not elect $179 expensing and elects not to use bonus depreciation, answer the fo questions: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Do not round intermediate cal Round your final answers to the nearest whole dollar amount.) Problem 10-47 Part-b b. What is DLW's year 3 cost recovery for each asset if DLW sells all of these assets on 2/24 of year 3? Asset Computer equipment Furniture Year 3 Cost Recovery 1,344 $ 1,670 2,310 $ 5,324 Commercial building TotalStep by Step Solution
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