Question: Table 1 MACRS Half - Year Convention begin { tabular } { | l | l | l | l | l | l

Table 1 MACRS Half-Year Convention \begin{tabular}{|l|l|l|l|l|l|l|}\hline \multicolumn{7}{|c|}{Depreciation Rate for Recovery Period}\\\hline & 3-Year & 5-Year & 7-Year & 10-Year & 15-Year & 20-Year \\\hline Year 1 & 33.33\% & 20.00\% & 14.29\% & 10.00\% & 5.00\% & 3.750\%\\\hline Year 2 & 44.45 & 32.00 & 24.49 & 18.00 & 9.50 & 7.219\\\hline Year 3 & 14.81 & 19.20 & 17.49 & 14.40 & 8.55 & 6.677\\\hline Year 4 & 7.41 & 11.52 & 12.49 & 11.52 & 7.70 & 6.177\\\hline Year 5 & & 11.52 & 8.93 & 9.22 & 6.93 & 5.713\\\hline Year 6 & & 5.76 & 8.92 & 7.37 & 6.23 & 5.285\\\hline Year 7 & & & 8.93 & 6.55 & 5.90 & 4.888\\\hline Year 8 & & & 4.46 & 6.55 & 5.90 & 4.522\\\hline Year 9 & & & & 6.56 & 5.91 & 4.462\\\hline Year 10 & & & & 6.55 & 5.90 & 4.461\\\hline Year 11 & & & & 3.28 & 5.91 & 4.462\\\hline Year 12 & & & & & 5.90 & 4.461\\\hline Year 13 & & & & & 5.91 & 4.462\\\hline Year 14 & & & & & 5.90 & 4.461\\\hline Year 15 & & & & & 5.91 & 4.462\\\hline Year 16 & & & & & 2.95 & 4.461\\\hline Year 17 & & & & & & 4.462\\\hline Year 18 & & & & & & 4.461\\\hline Year 19 & & & & & & 4.462\\\hline Year 20 & & & & & & 4.461\\\hline Year 21 & & & & & & 2.231\\\hline \end{tabular} Required information
Problem 10-46(LO 10-2)(Algo)
[The following information applies to the questions displayed below.]
At the beginning of the current year, Poplock began a calendar-year dog boarding business called Griff's Palace. Poplock bought and placed in service the following assets during the year:
Assuming Poplock does not elect \(\S 179\) 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.)
Note: Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.
Problem 10-46 Part a (Algo)
Required:
a. What is Poplock's year 1 depreciation deduction for each asset?Depreciation Deduction TABLE 2a MACRS Mid-Quarter Convention: For property placed in service during the first quarter
TABLE 2b MACRS Mid-Quarter Convention: For property placed in service during the second quarter
TABLE 2c MACRS Mid-Quarter Convention: For property placed in service during the third quarter
TABLE 2d MACRS-Mid Quarter Convention: For property placed in service during the fourth quarter
Table 1 MACRS Half - Year Convention \ begin {

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