Check my work Required information Problem 10-54 (LO 10-2, LO 10-3) (Algo) Convers Corporation (calendar year-end) acquired the following assets during the current tax year: Ognore 5179 expense and bonus depreciation for this problem: (Use MACRS Table Table and Table) Date Maced in original Asset Service Basis Machinery October $ 90,000 Computer equipment February 30,000 Delivery truck March 11 43,000 Turniture April 22 170,000 Total $333,000 *The delivery truck is not a luxury automobile In addition to these assets, Convers installed new flooring qualified improvement property to its office building on May 12 at a cost of $500,000 Problem 10-54 Part a (Algo) a. What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect $179 expense and elects out of bonus depreciation? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) MACRS depreciation Required information Problem 10-54 (LO 10-2, LO 10-3) (Algo) Convers Corporation calendar year-end acquired the following assets during the current tax year Ognore 5179 expense and bonus depreciation for this problemi (use MACRS Tobe. Table and Tablo.5) Date Maced Origal Asset Service Basis Machinery October 25 $ 90,000 Computer equipment February 30,000 Delivery truck March 17 43.000 Furniture 22 220,000 Total 5 333,000 *The delivery truck is not a luxury automobile In addition to these assets, Convers installed new flooring qualified improvement property to its office building on May 12 at a cost of $500,000 Problem 10-54 Part b (Algo) b. What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect out of bonus depreciation (but does not take $179 expense)? MACRS depreciation