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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-year) 5/12/2018

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) 5/12/2018 7/15/2022 HY $ 65,000 Machinery (7-year) 3/23/2019 3/15/2022 MQ 82,000 Delivery truck* (5-year) 9/17/2020 3/13/2022 HY 28,000 Machinery (7-year) 10/11/2021 8/11/2022 MQ 280,400 Computer (5-year) 10/11/2022 12/15/2022 HY 88,000 *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.

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