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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 year HY $
Machinery year MQ
Delivery truckyear HY
Machinery year MQ
Computer year HY
Used percent for business.
Assume that the delivery truck is not a luxury auto. Calculate Way Corporation's depreciation deduction ignore expense and bonus depreciation for this problemUse MACRS Table Table and Exhibit
Note: Round your intermediate dollar calculations and final answer to the nearest whole dollar amount.
Give me the Depreciation Deduction:
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