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Way Corporation disposed of the following tangible personal property assets in the current year. Asset Date Acquired Date Sold Convention Original Basis Furniture ( 7

Way Corporation disposed of the following tangible personal property assets in the current year.
Asset Date Acquired Date Sold Convention Original Basis
Furniture (7-year)5/12/20187/15/2022 HY $ 62,500
Machinery (7-year)3/23/20193/15/2022 MQ 79,500
Delivery truck*(5-year)9/17/20203/13/2022 HY 26,000
Machinery (7-year)10/11/20218/11/2022 MQ 277,800
Computer (5-year)10/11/202212/15/2022 HY 86,000
*Used 100 percent for business.
Assume that the delivery truck is not a luxury auto. Calculate Way Corporation's 2022 depreciation deduction (ignore 179 expense and bonus depreciation for this problem).(Use MACRS Table 1, Table 2, and Exhibit 10-6.)
Note: Round your intermediate dollar calculations and final answer to the nearest whole dollar amount.

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