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Problem $10-53($LO $10-2,$ LO $10-3)($Algo$)$

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$[$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 $2.)$

MachineryOctober $25$$ $88,000$Computer equipmentFebruary $323,500$Used delivery truck$*$Footnote asteriskAugust $1736,500$FurnitureApril $22172,500$

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

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

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?

Required information

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 $2.)$

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

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

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 $\backslash (\backslash$$ $179\backslash )$ expense?