Question: Required Information Problem 1 0 - 5 4 ( LO 1 0 - 2 , LO 1 0 - 3 ) ( Algo ) Convers

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 depreclation for this problem): (Use MACRS Table 1, Table 2, and Table 5.)
* The dellivery 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 \(\$ 400,000\).
Problem 10-54 Part b (Algo)
b. What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect out of bonus depreclation (but does not take \(\$ 179\) expense)?
Note: Round your Intermedlate calculatlons to the nearest whole dollar amount.
Required Information Problem 1 0 - 5 4 ( LO 1 0 -

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