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Burbank Corporation (calendar-year-end) acquired the following property this year:(Use MACRS Table 1, Table 2 and Exhibit 10-10.) (Round your answer to the nearest whole dollar amount.)

Asset	Placed in Service	Basis
Used copier	November 12	$	10,600
New computer equipment	June 6		16,800
Furniture	July 15		34,800
New delivery truck	October 28		21,800
Luxury auto	January 31		72,800
Total		$	156,800

Burbank acquired the copier in a tax-deferred transaction when the shareholder contributed the copier to the business in exchange for stock.

a. Assuming no bonus or 179 expense, what is Burbanks maximum cost recovery deduction for this year?

b. Assuming Burbank would like to maximize its cost recovery deductions by claiming bonus and 179 expense, which assets should Burbank immediately expense? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)

Used Copier

New Computer Equipment

Furniture

New Delivery Truck

Luxury Auto

c. What is Burbanks maximum cost recovery deduction this year assuming it elects 179 expense and claims bonus depreciation?

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