[The following information applies to the questions displayed below.]

Evergreen Corporation (calendar-year-end) acquired the following assets during the current year: (ignore 179 expense and bonus depreciation for this problem): (Use MACRS Table 1 and Table 2.)

	Date Placed		Original
Asset	in Service		Basis
Machinery	October 25	$	70,000
Computer equipment	February 3		10,000
Used delivery truck*	August 17		23,000
Furniture	April 22		150,000

*The delivery truck is not a luxury automobile.

b. What would be the allowable MACRS depreciation on Evergreens property in the current year if Evergreen does not elect out of bonus depreciation?

TABLE 1 MACRS Half-Year Convention Depreciation Rate for Recovery Period 10-Year 20-Year 3.750% 7.219 6.677 Year 3-Year 5-Year 7-Year 15-Year 33.33% 44.45 14.81 7.41 5.00% 9.50 8.55 7.70 6.93 6.23 5.90 5.90 5.91 5.90 5.91 5.90 5.91 5.90 5.91 2.95 2 3 4 5 6 7 20.00% 32.00 19.20 11.52 11.52 5.76 14.29% 24.49 17.49 12.49 8.93 8.92 8.93 4.46 10.00% 18.00 14.40 11.52 9.22 7.37 6.55 6.55 6.56 6.55 3.28 5.713 5.285 4.888 4.522 4.462 4.461 4.462 4.461 4.462 4.461 4.462 4.461 4.462 4.461 4.462 4.461 2.231 9 10 12 15 16 17 18 19 20