Required information Problem 10-69 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below. Burbank Corporation (calendar year-end) acquired the following property this year: (Use MACRS Table 1, Table 2 and Exhibit 10-10.) Placed in Service November 12 June 6 Asset Used copier New computer equipment Furniture New delivery truck Luxury auto Total July 15 Basis $ 8,000 14, 200 32,200 19,200 70,200 $ 143,800 October 28 January 31 Burbank acquired the copier in a tax-deferred transaction when the shareholder contributed the copier to the business in exchange for stock. (Round your answer to the nearest whole dollar amount.) Problem 10-69 Part a (Algo) a. Assuming no bonus or $179 expense, what is Burbank's maximum cost recovery deduction for this year? Maximum cost recovery deduction $ 13,925