Use the book depreciation schedule to calculate the tax depreciation and accumulated tax depreciation (cost recovery) for each asset placed in service prior to 2018.

Accumulated Accumulated Accumulated Dep Exp depreciaton Dep Exp depreciation Dep Exp depreciation Dep Exp depreciation NBV Date placed i Cost 2015 12/3115 12/31/16 2017 12/31/17 12/31/18 10,111 15,166.67 25,27 15,167 6 Office Furniture 7 Ford F-150 cargo van 653 5,567 8,500 2,080 4,133 4,133 28,93312,400 1,227 3,680 4,907 3,680 B,587 22,311 22,31 41,507 63,818 41,507 105,32449,387 21 SOLD IN 2018 23 Balance12/31/18 25a a s (prr Computers Display cases Warehouse Land Total 9500 ,000117,500 99,412 18,088 034 13,800 9,500 9,653 Depreciation (BOOK) Depreciation (TAXI Income statement Balance sheets+ NOTE: YOU NEED TO CHOOSE RECOVERY PERIODS AND DEPRECIATION METHODS BASED ON TYPE OF ASSET. THEN, CALCULATE TAX DEPRECIATION FOR THE LIFE OF EACH ASSET Accumu lated Accumulated Accumulated Accumulated De Exp depreciation Dep Exp depreciation Dep Exo depreciation Dep Exp depreciation NBV Date placed i Cost ufe Method 2015 12/31/15 2016 12/31/16 2017 12/31/17 2018 12/31/18 office Furniture Ford F-150 cargo van Display cases New computers D3/o1/15 CS/C1/15 CS/01/15 C3/01/15 07/01/18 0 Gadget polisher 1New display cases C5/01/18 TeslaX 3 New Warehouse 4 New Land 11/01/18 C9/01/18 C9/01/18 C9/01/18 C9/01/18 Building Land 92,000 Land 959,350 1 SOLD IN 2018 3 Balance 12/31/18 S Sale of assets (per tax returr Computers Display cases Warehouse Land Total ales price 9 Net book value 0 Gainloss 9,500 15,5c0 (36,000) 3,000 90,0C0 ,80092,0001 117,500 13,800159,100 1,600) 15,000 2,0001,200 Depreciation (BOOK Depreciation TAXIncome statement Balance shoets+