Problem 10-37 (Algorithmic) MACRS (LO. 6) The United Express Company begins business in August 2015 by purchasing the assets listed in the table below. Note: Round your intermediate computations to the nearest dollar. Asset Cost Trucks $92,300 Tractor units $52,700 Office equipment $35,700 The maximum MACRS depreciation on the assets (including a possible Section 179 election) for 2015 would be $________. The S179 Max Deduction for this problem is $25,000

Life of the assets according to MACRS

Truck : 5 years

Trailer Units : 3 years

Office Equipment: 7 years