Question: please answer all 3 parts. i will leave a great review Question 9 1 pts Marvin Corp acquired the following asset in 2017. It elects

please answer all 3 parts. i will leave a great review

Question 9 1 pts Marvin Corp acquired the following asset in 2017. It elects bonus depreciation but does not elect Sec 179 expensing. Calculate Marvin Corps 2017 total depreciation for this asset. Round to the nearest dollar Asset Cost $40,000 Class Life 5-Year Placed-in-service date 04/30/2017 Truck Question 10 2 pts In connection to question 9, what is the depreciation for the truck in 2018? Round to the nearest dollar Question 11 2 pts In connection with the previous two questions: In 2019, the truck is sold on 05/01/2020. What is the adjusted basis of the truck? Hint: 2019 depreciation is prorated for half of the year. Round to the nearest dollar

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