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Required information [The following information applies to the questions displayed below) DLW Corporation acquired and placed in service the following assets during the year. Asset Date Acquired Cost Basis Computer equipment 3/14 $ 16,500 Furniture 2/15 5 18.500 Commercial building 12/16 $ 339,000 Assuming DLW does not elect 6179 expensing and elects not to use bonus depreciation, answer the following questions: (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) (Do not round Intermediate calculations. Round your final answers to the nearest whole dollar amount.) b. What is OLW's year 3 cost recovery for each asset If DLW sells these assets on 5/21 of year 3? Asset Year 3 Cost Recovery Computer equipment Furniture Commercial building Total $ 0 Required information [The following information applies to the questions displayed below) DLW Corporation acquired and placed in service the following assets during the year. Asset Date Acquired Cost Basis Computer equipment 3/14 $ 16,500 Furniture 2/15 5 18.500 Commercial building 12/16 $ 339,000 Assuming DLW does not elect 6179 expensing and elects not to use bonus depreciation, answer the following questions: (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) (Do not round Intermediate calculations. Round your final answers to the nearest whole dollar amount.) b. What is OLW's year 3 cost recovery for each asset If DLW sells these assets on 5/21 of year 3? Asset Year 3 Cost Recovery Computer equipment Furniture Commercial building Total $ 0 Table 1 MACRS Half-Year Convention 20-Year 3.750% Year 1 Depreciation Rate for Recovery Period 3-Year 5-Year 7-Year 10-Year 15-Year 33.33% 20.00% 14.29% 10.00% 5.00% 44.45 32.00 24.49 18.00 9.50 14.81 19.20 17.49 14.40 8.55 7.41 11.52 12.49 11.52 7.70 7.219 Year 2 6.677 Year 3 6.177 Year 4 Year 5 11.52 8.93 9.22 6.93 5.713 Year 6 5.76 8.92 7.37 6.23 5.285 8.93 6.55 5.90 Year 7 Year 8 4.888 4.522 4.46 5.90 Year 9 6.55 6.56 6.55 5.91 4.462 4.461 Year 10 5.90 Year 11 3.28 5.91 4.462 Year 12 4.461 5.90 5.91 Year 13 4.462 4.461 Year 14 5.90 Year 15 4.462 5.91 2.95 4.461 Year 16 Year 17 4.462 Year 18 Year 19 4.461 4.462 4.461 Year 20 Year 21 2.231 TABLE 20 MACRS Mid-Quarter Convention: For property placed in service during the third quarter Depreciation Rate for Recovery Period 5-Year 7-Year Year 1 15.00% 10.71% 34.00 Year 2 Year 3 25.51 18.22 20.40 12.24 13.02 11.30 Year 4 Year 5 Year 6 Year 7 Year 8 9.30 8.85 7.06 8.86 5.53 TABLE 20 MACRS-Mid Quarter Convention: For property placed in service during the fourth quarter Depreciation Rate for Recovery Period 5-Year 7-Year Year 1 5.00% 3.57% Year 2 38.00 27.55 Year 3 22.80 19.68 Year 4 13.68 14.06 Year 5 10.94 10.04 Year 6 9.58 8.73 Year 7 8.73 Year 8 7.64 Month 8 1.364% 3.636 TABLE 3 Residential Rental Property Mid-Month Convention Straight Line-27.5 Years Month Property Placed in Service Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Year 1 3.485% 3.182% 2.879% 2.576% 2.2739 1.970% 1.667% Year 2-9 3.636 3.636 3.636 3.636 3.636 3.636 3.636 Year 10 3.637 3.637 3,637 3,637 3.637 3.637 3.636 Year 11 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 12 3,637 3.637 3.637 3.637 3.637 3.637 3.636 Year 13 3.636 3.636 3.636 3.636 3.636 3.637 Year 14 3.637 3.637 3.637 3.637 3.637 3.637 3.636 Year 15 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 16 3,637 3,637 3,637 3.637 3,637 3.637 3.636 Year 17 3,636 3.636 3.636 3.636 3,636 3.636 3.637 Year 18 3.637 3.637 3.637 3,637 3.637 3.637 3.636 Year 19 3.636 3,636 3.636 3.636 3.636 3.636 3,637 Year 20 3,637 3.637 3.637 3.637 3.637 3.637 3.636 Year 21 3.636 3.636 3.636 3,636 3.636 3.636 3.637 Year 22 3.637 3.637 3.637 3.637 3.637 3.637 3.636 Year 23 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 24 3.637 3.637 3.637 3.637 3.637 3.637 3.636 Year 25 3,636 3.636 3.636 3.636 3.636 3,636 3.637 Year 26 3.637 3.637 3.637 3.637 3.637 3.637 3.636 Year 27 3.636 3.636 3.636 3.636 3.636 3.636 3.637 Year 28 197 2.273 2.576 2879 3.182 3.485 3.636 Year 29 0.152 3.636 3.636 3.637 3.636 3.637 3.636 3.637 3.636 3.637 3.636 Month 9 Month 10 Month 11 Month 12 1.061% 0.758% 0.455% 0.1529 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.636 3.637 3.637 3.637 3.637 3.636 3.636 3.636 3.636 3.637 3.637 3.637 3.637 3.636 3.636 3.636 3.636 3.637 3.637 3.637 3.637 3,636 3.636 3.636 3.636 3.637 3.637 3.637 3.637 3,636 3.636 3.636 3.636 3.637 3.637 3.637 3.637 3.636 3.636 3.636 3.636 3.637 3.637 3,637 3,637 3,636 3.636 3.636 3,636 3.637 3.637 3,637 3.637 3,636 3.636 3.636 3.636 3.637 3.637 3.637 3,637 3.636 3.636 3.636 3.636 3.637 3.637 3.637 3,637 3.636 3.636 3.636 3.636 0.758 1.061 1.364 1.667 3.637 3.636 3.637 3.636 3.637 3.636 3.637 3,636 3.637 3.636 0.455 TABLE 2a MACRS Mid-Quarter Convention: For property placed in service during the first quarter Depreciation Rate for Recovery Period 5-Year 7-Year Year 1 35.00% 25.00% Year 2 26.00 21.43 Year 3 15.60 15.31 Year 4 11.01 10.93 Year 5 11.01 8.75 Year 6 1.38 8.74 Year 7 8.75 Year 8 1.09 TABLE 26 MACRS Mid-Quarter Convention: For property placed in service during the second quarter Depreciation Rate for Recovery Period 5-Year 7-Year Year 1 25.00% 17.85% Year 2 30.00 23.47 Year 3 18.00 16.76 Year 4 11.37 11.97 Year 5 11.37 8.87 Year 6 4.26 8.87 Year 7 8.87 Year 8 3.34 Month 10 0.561 3.175 3.175 3.175 3.174 3.175 3.174 3.173 3.174 3.175 3.174 3.175 Month 11 0.397 3.175 3.175 3.174 3.175 3.174 3.175 3.174 3.175 Month 12 0.132 3.175 3.175 3.175 3.174 3.175 3.174 TT 3.174 3.172 3.174 2.174 TABLE 4 Nonresidential Real Property Mid-Month Convention Straight Line-315 Years (for assets placed in service before May 13, 1993) Month Property Placed in Service Month 1 Month 2 Month 3 Month 4 Month 5 Month Month 7 Month 8 Month 9 Year 1 3.0424 2.778% 25134 2.249% 1984% 1.720% 1455 1.190 0926% Year 2.7 3.175 3.175 3.175 3.175 3.175 3.175 3.175 3.175 3.175 Year 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.175 3.175 Year 9 3.174 3.175 3.174 3.175 3.174 3.125 3.174 3.175 3.174 Year 10 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 Year 11 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 Year 12 3.175 3.174 3.175 3.174 3.195 3.174 3.175 3.174 3.175 Year 13 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 Year 14 3.175 3.175 7.174 3.175 3.174 3.175 1.174 3.175 Year 15 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 Year 16 3.175 3.174 3.175 3.175 3.174 3.175 3.174 3.175 Year 17 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 Year 18 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 Year 19 3.174 3.175 3.174 3.135 3.174 3.175 3.174 3.175 3.174 Year 20 1.175 3.174 3.175 3.174 3.175 3.174 3.175 3.194 3.175 Year 21 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 Year 22 3.195 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 Year 2 2.174 3.175 3.174 3.175 3.174 3.175 3.174 3.115 3.174 Year 24 3.175 3.174 3.125 3.174 3.175 3.174 3.175 3.174 3.195 Year 25 3.194 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 Year 24 3.125 3.174 3.175 3.174 3.175 3.174 3.125 3.174 3.175 Year 27 1.174 3.175 3.194 3.175 3.174 3.175 3.174 3.175 3.174 Year 2 3.175 3.174 3.175 3.124 3.175 3.174 3.175 3.174 3.175 Year 29 3.174 1.195 3.174 1175 3.174 3.175 3.174 3.175 3.174 Year Me 3175 3.174 3.175 3.174 3.175 1.174 3.175 3.174 3.175 Year 1 3.174 3.175 3.174 1.175 3.174 3.175 3.174 3.175 31 Year 2 1.720 1.984 2349 2513 2.778 3042 3.125 3.174 3.175 Year 33 0.02 0.397 0.61 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3 174 3.175 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 2.175 3.174 3.195 3.174 3.175 J.IN 3.175 1.100 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 3.175 3.174 1.175 3.174 3.175 1.174 3.175 3.174 1.175 3.174 3.175 3.174 1455 3.174 LLL 3.15 3.174 3.175 3.174 0.926

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