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Way Corporation disposed of the following tangible personal property assets in the current year Date Acquired Date Sold Original Basis Convention HY MQ HY MQ

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Way Corporation disposed of the following tangible personal property assets in the current year Date Acquired Date Sold Original Basis Convention HY MQ HY MQ HY Asset Furniture (7-year) Machinery (7-year) Delivery truck* (5-year) Machinery (7-year) Computer (5-year) 5/12/2014 7/15/2018 3/23/2015 3/15/2018 9/17/2016 3/13/2018 10/11/2017 8/11/2018 10/11/2018 12/15/2018 $ 62,500 79,500 26,000 277,800 86,000 "Used 100 percent for business Assume that the delivery truck is not a luxury auto. Calculate way Corporation's 2018 depreciation deduction (ignore 179 expense and bonus depreciation for this problem). (Use MACRS Table 1, Table 2, and Exhibit 10-6.) (Round your intermediate dollar calculations and final answer to the nearest whole dollar amount.) Depreciation deduction $95,796

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