Question: Required information Convers Corporation ( calendar year - end ) acquired the following assets during the current tax year: ( ignore $ 1 7 9

 Required information Convers Corporation (calendar year-end) acquired the following assets during
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
$680,000.
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.
MACRS depreciation
the current tax year: (ignore $179 expense and bonus depreciation for this

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