Way Corporation disposed of the following tangible personal property assets in the current year. 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).

*Used 100 percent for business.

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Original Convention Basis Date sold Asset Date acquired Furniture (7 year) Machinery (7 year) Delivery truck (5 year) 9/17/16 Machinery (7 year) Computer (5 year) 5/12/14 7/15/18 HY $55,000 3/15/18 3/23/15 MQ $72,000 3/13/18 $20,000 HY 10/11/17 8/11/18 MQ $270,000 10/11/18 12/15/18 $80,000 HY