Question: Please determine Pete's depreciation deduction (without 179 expensing or first year additional depreciation). Pete acquired the following new assets during the year: A breeding hog

Please determine Pete's depreciation deduction (without 179 expensing or first year additional depreciation). Pete acquired the following new assets during the year:

A breeding hog (3-year property) for which he paid $2,000 and placed in service in December.

Railroad tracks (7-year property) for which he paid $45,000 and placed in service in October.

A taxi (5-year property) for which he paid $3,000 and placed in service in January.

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