Dana forms a small manufacturing company. Her company places the following ng properties into service during the year, on the dates indicated:

Dana forms a small manufacturing company. Her company places the following ng properties into service during the year, on the dates indicated:

4.    Dana forms a small manufacturing company. Her company places the following ng properties into service during the year, on the dates indicated:
Type of property                          Date placed in service                Cost_____
Business building                       April 6                                             $275,000
Furniture                                       June 5                                               $57,000
Machinery                                     September 2                                  $65,000
Computer                                      December 27                                 $25,000
She chooses not to do any Section 179 expense, and also elects not to take bonus depreciation.  She uses MACRS depreciation.  Calculate the first year depreciation on the building, and also on the machinery:  
 
“Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!”

Rate this post
"Is this question part of your assignment? We will write the assignment for you. click order now and get up to 40% Discount"