Required information

Problem $10-48($LO $10-2)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

At the beginning of the year, Anna began a calendar$-$year business and placed in service the following assets during the

year:

Assuming Anna does not elect $$179$ expensing and elects not to use bonus depreciation, answer the following questions:

$($Use MACRS Table $1,$ Table $2,$ Table $3,$ Table $4$ and Table $5.)$

Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.

Problem $10-48$ Part a $($Algo$)$

a$.$ What is Anna's year $1$ cost recovery for each asset?

Answer is complete but not entirely correct.

$!$

Required information

Problem $10-48($LO $10-2)($Algo$)$

$[$The following information applies to the questions displayed below.$]$

At the beginning of the year, Anna began a calendar$-$year business and placed in service the following assets during the

year:

Assuming Anna does not elect $179$ expensing and elects not to use bonus depreciation, answer the following questions:

$($Use MACRS Table $1,$ Table $2,$ Table $3,$ Table $4$ and Table $5.)$

Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.

Problem $10-48$ Part b $($Algo$)$

b$.$ What is Anna's year $2$ cost recovery for each asset?

Answer is complete but not entirely correct.