During 2020, Pepe Guardio purchases the following property for use in his calendar year-end manufacturing business:

Pepe uses the accelerated depreciation method under MACRS, if available, and does not make the election to expense and elects out of bonus depreciation. Use Form 4562 on Pages 8-43 and 8-44 to report Pepe’s depreciation expense for 2020.

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Item Manufacturing equipment (7 year) Office furniture Office computer Passenger automobile (used 85 percent for business) Warehouse Building Land Date Acquired June 2 September 15 November 18 May 31 July 23 Cost $50,000 8,000 2,000 55,000 170,000 135,000