Question: Saved Help Save & EXIL 0 Homework Check my work ! Required information (The following information applies to the questions displayed below.) 2 At the
Saved Help Save & EXIL 0 Homework Check my work ! Required information (The following information applies to the questions displayed below.) 2 At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year: Asset Computers Office desks Machinery Office building Date Acquired 1/30 2/15 7/25 8/13 Cost Basis $ 28,000 $ 32,000 $ 75,000 $ 400,000 Assuming Anna 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 answers to the nearest whole dollar amount.) rences b. What is Anna's year 2 cost recovery for each asset? Asset Year 2 Cost Recovery Computers Office desks Machinery Office building Total S 0
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