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Way Corporation disposed of the following tangible personal property assets in the current year. Date Acquired 5/12/2018 Original Basis $ 107,500 3/23/2019 9/17/2020 124,500 62,000
Way Corporation disposed of the following tangible personal property assets in the current year. Date Acquired 5/12/2018 Original Basis $ 107,500 3/23/2019 9/17/2020 124,500 62,000 10/11/2021 324,600 10/11/2022 122,000 Asset Furniture (7-year) Machinery (7-year) Date Sold 7/15/2022 3/15/2022 3/13/2022 8/11/2022 12/15/2022 Depreciation deduction Convention HY MQ HY Delivery truck* (5-year) Machinery (7-year) Computer (5-year) *Used 100 percent for business. Assume that the delivery truck is not a luxury auto. Calculate Way Corporation's 2022 depreciation deduction (igna 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. MQ HY
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