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The following information applies to the questions alsplay At the beginning of the year, Anna began a calendar-year business and placed in service the following

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The following information applies to the questions alsplay At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during th year Cost Basis Date Acquired 1/30 2/15 7/25 8/13 Asset $ 38,500 $ 42,500 $ 85,see $ 414,000 Computers Office desks Machinery office building Assuming Anna 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. Rounc your final answers to the nearest whole dollar amount.) Problem 10-48 Part a a. What is Anna's year 1 cost recovery for each asset? Year 1 Cost Recovery Asset Computer equipment Funiture Pickup truck Commercial building S Total Acquired 1/30 2/15 7/25 8/13 Asset Basis $ Computers Office desks 38,50e $ 42,500 Machinery Office building $ 85,500 $ 414,eee Assuming Anna does not elect $179 expensing and elects not to use bonus depreciation, answer the followim questions: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5) (Do not round intermediate calculati your final answers to the nearest whole dollar amount.) Problem 10-48 Part b b. What is Anna's year 2 cost recovery for each asset? Year 2 Asset Cost Recovery Computer equipment Furniture Pickup truck Commercial building Total 0

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