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Problem 10-47 (LO 10-2) (Algo)

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DLW Corporation acquired and placed in service the following assets during the year:

Asset	Date Acquired	Cost Basis
Computer equipment	3/14	$ 16,500
Furniture	2/15	$ 18,500
Commercial building	12/16	$ 339,000

Assuming DLW 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.) (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.)

Problem 10-47 Part b (Algo)

b. What is DLW's year 3 cost recovery for each asset if DLW sells these assets on 5/21 of year 3?