Question: Can an expert please answer this question. Exercise 8-21 (Algorithmic) (LO. 2) Euclid acquires a 7-year class asset on May 9, 2018, for $298,700. Euclid

Can an expert please answer this question.

Can an expert please answer this question. Exercise 8-21 (Algorithmic) (LO. 2)

Exercise 8-21 (Algorithmic) (LO. 2) Euclid acquires a 7-year class asset on May 9, 2018, for $298,700. Euclid does not elect immediate expensing under 179, He does not claim any available additional first-year depreciation. Click here to access the depreciation table to use for this problem. If required, round your answers to the nearest dollar. Euclid's cost recovery deduction is $ for 2018 and $ for 2019

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