What is the allowable depreciation on evergreen

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Reference no: EM133327392

Case: Evergreen Corporation (calendar year-end) acquired the following assets during the current year:

Asset	Date Placed in Service	Original Basis
Machinery	October 25	$70,000
Computer Equipment	February 3	$10,000
Used delivery Truck*	August 17	$23,000
Furniture	April 22	$150,000

*The delivery truck is not a luxury automobile.

Question: What is the allowable depreciation on Evergreen's property in the current year, assuming Evergreen does not elect (179) expense and elects out of bonus depreciation?

Reference no: EM133327392

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