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[The following information applies to the questions displayed below) At the beginning of the year, Miranda 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, Miranda began a calendar-year business and placed in service the following assets during the year: Date Cost Asset Computers Office desks Machinery office building Placed in Service 1/30 2/15 7/25 8/13 Basis $ 41,500 $ 45,500 $ 88,500 $ 410,000 Assuming Miranda elects out of bonus depreciation and does not elect 5179 expensing, answer the following questions: (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table5) (Do not round intermediate calculations, Round your final answers to the nearest whole dollar amount.) b. What is Miranda's year 2 cost recovery for each asset? Asset Year 2 Cost Recovery Computers Office desks Machinery Office building Total

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