10)

Please determine Petes depreciation deduction (without 179 expensing or first year additional depreciation). Pete acquired the following new assets during the year:

A truck (5-year property) for which he paid $30,000 and placed in service in May.

Computers (3-year property) for which he paid $15,000 and placed in service in October.

Date	Asset	Adjusted Basis/Cost	MACRS Percentage	Depreciation
May	Truck
October	Computer