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What is DLWs year cost recovery for each asset

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Reference no: EM132493686

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

Date Cost Asset Acquired Basis Computer equipment 3/13 $15,200

Furniture 4/30 $20,500

Commercial building 11/18 $297,000

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 all of these assets on 4/14 of year 3?

Reference no: EM132493686

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