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AssetAcquiredDate SoldConventionBasisFurniture (7-year)5/12/197/15/23HY$ 95,000Machinery (7-year)3/23/203/15/23MQ112,000Delivery truck*(5-year)9/17/213/13/23HY52,000Machinery (7-year)10/11/228/11/23MQ311,600Computer (5-year)12/15/23HY112,000Way Corporation disposed of the following tangible personal...

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Accounting

AssetAcquiredDate SoldConventionBasisFurniture (7-year)5/12/197/15/23HY$ 95,000Machinery (7-year)3/23/203/15/23MQ112,000Delivery truck*(5-year)9/17/213/13/23HY52,000Machinery (7-year)10/11/228/11/23MQ311,600Computer (5-year)12/15/23HY112,000Way Corporation disposed of the following tangible personal property assets in the current year.10/11/23*Used 100 percent for business.Assume that the delivery truck is not a luxury auto. Calculate Way Corporation's 2023 depreciation deduction (ignore 179 expense and bonus depreciation for this problem).(Use MACRS Table 1, Table 2, and Exhibit 10-6.)Note: Round your intermediate dollar calculations and final answer to the nearest whole dollar amount.Depreciation deduction

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