11. Your client made the following purchases; show the depreciation and adjusted basis after the first year

Fantastic news! We've Found the answer you've been seeking!

Question:

11. Your client made the following purchases; show the depreciation and adjusted basis after the first year (no Sec. 179 or bonus depreciation): office building cost $500,000 placed in service April 1, 2019, forklift cost $20,000 place in service January 1, 2019 12. Give an example of Sec. 179 depreciation.