At the beginning of 2018, AB Corporation (a calendar-year corporation) owned the following assets:

On February 1, 2018, AB sold its office furniture. On March 15, 2018, AB sold its computer equipment. Compute AB Corporation’s 2018 depreciation deduction for these two assets.

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Computer equipment Office furniture Date placed in service 11/15/15 $20,000 $10,160 4/15/14 $10,000 $8,272 Initial cost Accumulated depreciation Recovery period 5 years Half-year 7 years Mid-quarter Averaging convention