Question: Check my work 11 Part 2 10 po Required information The following information applies to the questions displayed below! Harris Corporation is a technology start-up



Check my work 11 Part 2 10 po Required information The following information applies to the questions displayed below! Harris Corporation is a technology start-up in its second year of operations. The company didn't purchase any assets this year but purchased the following assets in the prior year placed in Asset Service Basis Office equipent August 19 $ 11,600 Manufacturing equipment April 15 84,00 Computer system June 1 32,00 Total $ 127,600 Harris did not know depreciation was tax deductible until it hired accountant this year and didn't claim any depreciation deduction in its first year of operation (Use MACRS Table and Table 2) a. What is the maximum amount of depreciation deduction Harris Corporation can deduct in its second year of operation (Leave no answer blank. Enter zero if applicable) Depreciation election 12 Check my world Part 2 of 2 Required information {The following information applies to the questions displayed below! Harris Corporation is a technology start-up in its second year of operations. The company didn't purchase any assets this year but purchased the following assets in the prior year 10 Asset Office equipment Manufacturing equipment Computer system Total Placed in Service August 14 April 15 June 1 Basis $ 11,600 84,000 32.000 $ 127,600 Book Harris did not know depreciation was tax deductible until it hired an accountant this year and didn't claim any depreciation deduction in its first year of operation (Use MACRS Table 1 and Table 2) Print Reference b. What is the basis of the office equipment at the end of the second year? (Leave no answer blank, Enterrero if applicable) Basis office equipment
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