Question: The answer is not 2166 or 361 Return to Propiem 10-47 (LU 10-2) (Aigo) [The following information applies to the questions displayed below.) DLW Corporation

 The answer is not 2166 or 361 Return to Propiem 10-47 The answer is not 2166 or 361

Return to Propiem 10-47 (LU 10-2) (Aigo) [The following information applies to the questions displayed below.) DLW Corporation acquired and placed in service the following assets during the year: Asset Computer equipment Furniture Commercial building Date Acquired 2/27 4/26 9/1 Cost Basis $ 9,500 $ 17,700 $ 338,000 Assuming DLW 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 final answers to the nearest whole dollar amount.) Problem 10-47 Part b (Algo) b. What is DLW's year 3 cost recovery for each asset if DLW sells all of these assets on 4/1 of year 3? Answer is complete but not entirely correct. Asset Year 3 Cost Recovery 912 IS S 1,548 Computer equipment Furniture Commercial building Total S 361 X 2,821 S

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