Question: I really just need help with the fixed asset deprciation question but wanted to provide all the information that was given. Comprehensive Problem 8 -

I really just need help with the fixed asset deprciation question but wanted to provide all the information that was given.
Comprehensive Problem 8-1 Trish Himple owns Himple Retail, a retail family clothing store. Her store is located at 4321 Heather Drive, Henderson, NV 89002. Her employer identification number is 95-1234321 and her Social Security number is 123-45-6789. Trish keeps her books on the cash basis. The income and expenses for the year are: Trish's bookkeeper has provided the book-basis fixed asset rollforward (see separate tab). The truck is not considered a passenger automobile for purposes of the luxury automobile limitations. Trish also earned wages as an express delivery manager in 2024(see separate tab for her Form W-2).
Trish also has a qualified home office of 250 sq . ft . Her home is 2,000sq. ft . Her 2019 purchase price and basis in the home, not including land, is
$200,000(the home's market value is $250,000). She incurred the following costs in 2024 related to the entire home:
Required:
For tax purposes, Trish elected out of bonus depreciation in all years except 2024. She did not elect immediate expensing in any year. The tax lives
of the assets are the same as the book lives shown in the fixed asset schedule above. Complete Trish's Schedule C, Form 8829, Form 4562, and
Schedule SE. Do not prepare Form 1040 or Schedule 1 for this problem.
Make realistic assumptions about any missing data.
Enter all amounts as positive numbers.
If an amount box does not require an entry or the answer is zero, enter "0".
First complete Schedule of Fixed Asset Rollforward rounding all amounts to the nearest cent.
On all other subsequent Forms/Schedules, round all amounts to the nearest dollar.
I really just need help with the fixed asset

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