What is dlws year 3 cost recovery for each asset

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Reference no: EM133338861

Question: DLW Corporation acquired and placed in service the following assets during the year:

Asset	Date Acquired	Cost Basis
Computer equipment	2/17	$10,000
Furniture	5/12	$17,000
Commercial building	11/1	$270,000

Assuming DLW does not elect (179) expensing and elects not to use bonus depreciation, answer the following questions:

What is DLW's year 3 cost recovery for each asset if DLW sells these assets on 1/23 of year 3?

Asset	Year 3 Cost Recovery
Computer equipment
Furniture
Commercial Building
Total

Reference no: EM133338861

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