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Tue Apr 6 10% Chapter 10 Homework Chapter 10 Homework Savod Help Save & Exit Submit Check my work 7 Part 1 of 2 Required

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Tue Apr 6 10% Chapter 10 Homework Chapter 10 Homework Savod Help Save & Exit Submit Check my work 7 Part 1 of 2 Required information [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: 5 points Skipped Asset Computers Office desks Machinery office building Date Acquired 1/30 2/15 7/25 8/13 Cost Basis $ 28,000 $ 32,000 $ 75,000 $ 400,000 eBook Print 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. Round your answers to the nearest whole dollar amount.) References a. What is Anna's year 1 cost recovery for each asset? Asset Year 1 Cost Recovery Computers Office desks Machinery Office building Total

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