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

Please show work! Please determine Pete's depreciation deduction (without 179 expensing or

Please show work!

Please determine Pete's depreciation deduction (without 179 expensing or first year additional depreciation). Pete acquired the following new assets during the year: - A truck (7-year property) for which he paid $40,000 and placed in service in August. - Computers (5-year property) for which he paid $10,000 and placed in service in November

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