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Required information [The following information applies to the questions displayed below.] At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year Date Cost Asset Acquired 1/30 2/15 7/25 Basis 28,000 32,000 $ 75,000 400,000 Computers Office desks Machinery Office building 8/13 Assuming Anna does not elect $179 expensing and elects not to use bon us 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 answers to the nearest whole dollar amount.) What is Anna's year 1 cost recovery for each asset? Year 1 Cost Recovery Asset Computers Office desks Machinery Office building $ 0 Total Required information [The following information applies to the questions displayed below.] At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year: Date Cost Basis Asset Acquired 1/30 2/15 7/25 8/13 $ 28,000 $ 32,000 $ 75,000 $400,000 Computers Office desks Machinery Office building Assuming Anna does not elect $179 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 answers to the nearest whole dollar amount.) b. What is Anna's year 2 cost recovery for each asset? Year 2 Asset Cost Recovery Computers Office desks Machinery Office building $ Total 0 Required information [The following information applies to the questions displayed below.] At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year Date Cost Asset Acquired 1/30 2/15 7/25 Basis 28,000 32,000 $ 75,000 400,000 Computers Office desks Machinery Office building 8/13 Assuming Anna does not elect $179 expensing and elects not to use bon us 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 answers to the nearest whole dollar amount.) What is Anna's year 1 cost recovery for each asset? Year 1 Cost Recovery Asset Computers Office desks Machinery Office building $ 0 Total Required information [The following information applies to the questions displayed below.] At the beginning of the year, Anna began a calendar-year business and placed in service the following assets during the year: Date Cost Basis Asset Acquired 1/30 2/15 7/25 8/13 $ 28,000 $ 32,000 $ 75,000 $400,000 Computers Office desks Machinery Office building Assuming Anna does not elect $179 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 answers to the nearest whole dollar amount.) b. What is Anna's year 2 cost recovery for each asset? Year 2 Asset Cost Recovery Computers Office desks Machinery Office building $ Total 0

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