Comprehensive Problem $2-77($LO $2-1,$ LO $2-2,$ LO $2-3,$ LO $2-4,$ LO $2-5),($Algo$)$

$[$The following information applies to the questions displayed below.$]$

While completing undergraduate schoolwork in information systems, Dallin Bourne and Michael Banks decided to sta technology support company called eSys Answers. During year $1,$ they bought the following assets and ifcurred the following start$-$up fees:

$\backslash$table$[[$Year $1$ Assets,Purchase Date,Basis$],[$Computers $(5-$year$),$October $30,$ Year $1,$$$16,000$