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Required information

Convers Corporation $($calendar$-$year$-$end$)$ acquired the following assets during the

current tax year: $($ignore $$179$ expense and bonus depreciation for this problem$)$:

$($Use MACRS Table $1,$ Table $2,$ and Table $5.)$

$*$The delivery truck is not a luxury automobile.

In addition to these assets, Convers installed qualified real property $($MACRS$,15$

year, $150\%$ DB$)$ on May $12$ at a cost of $$620,000.$

b$.$ What is the allowable MACRS depreciation on Convers's property in the current year assuming

Convers does not elect out of bonus depreciation $($but does not take $$179$ expense$)?$

Note: Round your intermediate calculations to the nearest whole dollar amount.