Solve both a and b. Will thumbs up if correct. Thank you.

! 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 depreciation for this problem): (Use MACRS Table 1, Table 2 and Table 5.) Asset Date Placed in Service Machinery Computer equipment Delivery truck* Furniture Total *The delivery truck is not a luxury automobile. October 25 February 3 March 17 April 22 Problem 10-54 Part a (Algo) MACRS depreciation Original Basis $ 98,000 38,000 51,000 178,000 $365,000 In addition to these assets, Convers installed new flooring (qualified improvement property) to its office building on May 12 at a cost of $580,000. a. What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect 179 expense and elects out of bonus depreciation? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) ! 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 depreciation for this problem): (Use MACRS Table 1, Table 2 and Table 5.) Asset Date Placed in Original Service Basis Machinery Computer equipment Delivery truck* Furniture Total *The delivery truck is not a luxury automobile. October 25 February 3 March 17 April 22 MACRS depreciation Problem 10-54 Part b (Algo) $ 98,000 38,000 In addition to these assets, Convers installed new flooring (qualified improvement property) to its office building on May 12 at a cost of $580,000. 51,000 178,000 $365,000 b. What is the allowable MACRS depreciation on Convers's property in the current year assuming Convers does not elect out of bonus depreciation (but does not take 179 expense)? Table 1 MACRS Half-Year Convention Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 3-Year 33.33% 44.45 14.81 7.41 Depreciation Rate for Recovery Period 5-Year 20.00% 32.00 19.20 11.52 11.52 5.76 7-Year 10-Year 15-Year 14.29% 10.00% 5.00% 24.49 18.00 9.50 17.49 14.40 8.55 12.49 11.52 7.70 8.93 9.22 6.93 8.92 7.37 6.23 8.93 6.55 5.90 4.46 6.55 5.90 6.56 5.91 6.55 5.90 3.28 5.91 5.90 5.91 5.90 5.91 2.95 20-Year 3.750% 7.219 6.677 6.177 5.713 5.285 4.888 4.522 4.462 4.461 4.462 4.461 4.462 4.461 4.462 4.461 4.462 4.461 4.462 4.461 2.231 TABLE 2a MACRS Mid-Quarter Convention: For property placed in service during the first quarter Depreciation Rate for Recovery Period 5-Year 7-Year 35.00% 25.00% 26.00 21.43 15.60 15.31 11.01 10.93 11.01 8.75 1.38 8.74 8.75 1.09 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 TABLE 26 MACRS Mid-Quarter Convention: For property placed in service during the second quarter Depreciation Rate for Recovery Period 5-Year 7-Year 25.00% 17.85% 30.00 23.47 18.00 16.76 11.37 11.97 11.37 8.87 4.26 8.87 8.87 3.34 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 TABLE 2c MACRS Mid-Quarter Convention: For property placed in service during the third quarter Depreciation Rate for Recovery Period 5-Year 7-Year Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 15.00% 34.00 20.40 12.24 11.30 7.06 10.71% 25.51 18.22 13.02 9.30 8.85 8.86 5.53 TABLE 2d MACRS-Mid Quarter Convention: For property placed in service during the fourth quarter Depreciation Rate for Recovery Period 5-Year 7-Year Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 5.00% 38.00 22.80 13.68 10.94 9.58 3.57% 27.55 19.68 14.06 10.04 8.73 8.73 7.64 TABLE 5 Nonresidential Real Property Mid-Month Convention Straight Line-39 Years (for assets placed in service on or after May 13, 1993) Month Property Placed in Service Month 6 Month 5 1.605% Month 7 1.177% 2.564 2.564 0.963 1.391 Year 1 Year 2-39 Year 40 Month 1 2.461% 2.564 0.107 Month 2 2.247% 2.564 0.321 Month 3 2.033% 2.564 0.535 Month 4 1.819% 2.564 0.749 1.391% 2.564 1.177 Month 8 0.963% 2.564 1.605 Month 9 0.749% 2.564 1.819 Month 10 0.535% 2.564 2.033 Month 11 0.321% 2.564 2.247 Month 12 0.107% 2.564 2.461