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Problem 2-53 (LO 2-2, LO 2-3) (Algo) [The following information applies to the questions displayed...

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Accounting

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Problem 2-53 (LO 2-2, LO 2-3) (Algo) [The following information applies to the questions displayed befow.] Evergreen Corporation (calendar year-end) acquired the following assets during the current year: (Use MACRS Table 1 and Table 2.) 'The delivery truck is not a luxury automobile. Problem 2.53 Part a (Algo) a. What is the allowable depreciation on Evergreen's property in the current yeor, assuming Evergreen does not elect 5179 expense and elects out of bonus depreciation? Note: Round your intermediate calculations to the nearest whole dollar amount. Tahle 1 MACRS Half-Year Convention TABLE 2 b MACRS Mid-Quarter Convention: For properry placed in service during the secand quarter ABLE 2c MACRS Mid-Quarter Convention: For properfy placed in service during the thind quarter TABLE 2d MACRS-Mid Quarter Convention: For properiy placed in service during the fourth quarter

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