Required information Problem 10-53 (LO 10-2, LO 10-3) (Algo) [The following information applies to the...
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Required information Problem 10-53 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below.) Evergreen Corporation (calendar year-end) acquired the following assets during the current year: (Use MACRS Table 1 and Table 2.) Date Placed in Original Asset Service Basis Machinery October 25 $ 98,000 Computer equipment February 3 31,000 Used delivery truck August 17 44,000 Furniture April 22 185,000 *The delivery truck is not a luxury automobile Problem 10-53 Part a (Algo) .. What is the allowable depreciation on Evergreen's property in the current year, assuming Evergreen does not clect 5179 expense and elects out of bonus depreciation? (Round your intermediate calculations to the nearest whole dollar amount.) Deprecation Required information Problem 10-53 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below.) Evergreen Corporation (calendar year-end) acquired the following assets during the current year: (Use MACRS Table 1 and Table 2) Date Placed in Original Asset Service Basis Machinery October 25 $ 98,000 Computer equipment February 3 31,000 Used delivery truck August 17 44,800 Furniture April 22 185,000 *The delivery truck is not a luxury automobile. Problem 10-53 Part b (Algo) b. What is the allowable depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciation? Depreciation


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