Question: Problem 1 0 - 5 3 ( LO 1 0 - 2 , LO 1 0 - 3 ) ( Algo ) [ The following

Problem 10-53(LO 10-2, LO 10-3)(Algo)
[The following information applies to the questions displayed below.]
Evergreen Corporation (calendar-year-end) acquired the following assets during the current year: (Use MACRS Table 1 and Table 2.)
Asset Date Placed in Service Original Basis Machinery October 25 $84,000 Computer equipment February 320,500 Used delivery truck* August 1733,500 Furniture April 22167,500
*The delivery truck is not a luxury automobile.
Problem 10-53 Part b (Algo)
b. What is the allowable depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciation and elects out of 179 expense?

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