$!$

Required information

Problem $10-54($LO $10-2,$ LO $10-3)($Algo$)$

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 $5.)$

$\backslash$table$[[,$Date Placed in$,$Original$],[$Asset$,$Service,Basis$],[$Machinery$,$October $25,$$$74,000$