! Required information Problem 2-54 (LO 2-2, LO 2-3) (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.) Asset Machinery Computer equipment Delivery truck* Furniture Total Date Placed in Service October 25 February 3 March 17 April 22 *The delivery truck is not a luxury automobile. Original Basis $ 118,000 58,000 71,000 198,000 $ 445,000 In addition to these assets, Convers installed qualified real property (MACRS, 15 year, 150% DB) on May 12 at a cost of $780,000. Problem 2-54 Part b (Algo)