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[The following information applies to the questions displayed below.] At the beginning of the year, Anna began a calendar-year business and placed in service the

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[The following information applies to the questions displayed below.] At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year: Assuming Anna does not elect 5179 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.) Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Problem 10-48 Part b (Algo) b. What is Anna's year 2 cost recovery for each asset? Table 1 MACRS Half-Year Convention E 2a MACRS Mid-Quarter Convention: For property placed in service during the first quarter TABLE 2b MACRS Mid-Quarter Convention: For property placed in service during the second quarter TABLE 2c MACRS Mid-Quarter Convention: For property placed in service during the third quarter TABLE. 2d MACRS-Mid Quarter Convention: For property placed in service during the fourth quarter A ezto-cl-medla.mheducation.com CBI - TABLE. 4 Nonresidential Real Property Mid-Month Couvention Straight Line-31.5 Years (for assets placed in service before May 13, 1993) TABL.E. 5 Nonresidential Real Troperty Mid-Month Convention Straight Line-39 Years (for assets placed in service on or after May 13, 1993)

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