Question: Hello, please help with this problem and show answer step by step calculation. Please use MACRS. Thank you Swifty Company is an environmental consulting firm

Hello, please help with this problem and show answer step by step calculation. Please use MACRS. Thank you

Hello, please help with this problem and show answer step by step

Swifty Company is an environmental consulting firm in its second year of operations. The company didn't purchase any assets this year, but it did purchase the following assets in the previous year: Swifty Company did not know that depreciation was tax deductible until it hired an accounting firm this year to help with its financial statements and tax return. Assume that bonus depreciation was not in effect and Swifty does not want to elect Section 179 for any o the assets. (a) What is the maximum amount of depreciation deduction Swifty Company can deduct in its second year of operations? (Round answer to 0 decimal places, e.g. 125.) Deduction \$

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