At the beginning of the year, Anna began a calendaryen business and placed in service...
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Accounting
At the beginning of the year, Anna began a calendaryen business and placed in service the following assets during the year: Assuming Anno does not elect 5179 expensing and elects not to use bonus depreciation, answer the following questions: (Use MACRS Table 1, Table2, Tobie 3, Toble 4 and Toble 5) Notet Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount. Problem 2.48 Part b (Algo) b. What is Annas year 2 cost recovery for each asset? Table I MACRS Half-Year Convention TABLE 26 MACRS Mid-Quarter Convention: For properny placed in service during the second puarter ABL.E 2c MACRS Mid-Quarter Convention: For property placed in service during the whird quarter TABLE 3 Kexidential Kental Property Mid-Menth Cencention Straight Line-27.5 Years TABLE.S Nonresideatial RtaJ Property Mid-Month Coeventien Straizht J.ine-3y Yrars (fer asets placed in serrice en er after May 13, 14a3)







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