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MACRS Table1
MACRS Table5

Exhibit 10-10 IN THE TEXT

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MACRS Table1  MACRS Table1    MACRS Table5   Exhibit 10-10 IN THE TEXT -Boxer LLC has acquired various types of assets recently used 100% in its trade or business.Below is a list of assets acquired during 2017 and 2018:   \begin{array}{l} \begin{array}{lll} \text { Asset } & \text { Cost Basis } \\ \text { Machinery } & 25,000 \\ \text { Warehouse } & 800,000 \\ \text { Furniture } & 100,00 \\ \text { Computer equipment } & 65,00 \\ \text { Office equipment } & 34,000 \\ \text { Automobile } & 35,000 \\ \text { Office building } & 800,000 \end{array} \begin{array}{lll} \text {Convention}&\text {Date Placed in Service}\\ \text {Half year}&\text {January 24, 2017}\\ \text {Mid month}&\text {August 1, 2017}\\ &\text {October 5, 2018}\\ &\text {October 10, 2018}\\ &\text {September 28, 2018}\\ &\text {July 15,2018}\\ &\text {September 24, 2018}\\ \end{array} \end{array}   Boxer did not elect §179 expense and elected out of bonus depreciation in 2017,but would like to take advantage of the §179 expense and bonus depreciation for 2018 (assume that taxable income is sufficient).Calculate Boxer's maximum depreciation expense for 2018.(Use MACRS Table 1,Table 5 and Exhibit 10-10 )(Round final answer to the nearest whole number.)
MACRS Table5
 MACRS Table1    MACRS Table5   Exhibit 10-10 IN THE TEXT -Boxer LLC has acquired various types of assets recently used 100% in its trade or business.Below is a list of assets acquired during 2017 and 2018:   \begin{array}{l} \begin{array}{lll} \text { Asset } & \text { Cost Basis } \\ \text { Machinery } & 25,000 \\ \text { Warehouse } & 800,000 \\ \text { Furniture } & 100,00 \\ \text { Computer equipment } & 65,00 \\ \text { Office equipment } & 34,000 \\ \text { Automobile } & 35,000 \\ \text { Office building } & 800,000 \end{array} \begin{array}{lll} \text {Convention}&\text {Date Placed in Service}\\ \text {Half year}&\text {January 24, 2017}\\ \text {Mid month}&\text {August 1, 2017}\\ &\text {October 5, 2018}\\ &\text {October 10, 2018}\\ &\text {September 28, 2018}\\ &\text {July 15,2018}\\ &\text {September 24, 2018}\\ \end{array} \end{array}   Boxer did not elect §179 expense and elected out of bonus depreciation in 2017,but would like to take advantage of the §179 expense and bonus depreciation for 2018 (assume that taxable income is sufficient).Calculate Boxer's maximum depreciation expense for 2018.(Use MACRS Table 1,Table 5 and Exhibit 10-10 )(Round final answer to the nearest whole number.)
Exhibit 10-10 IN THE TEXT
-Boxer LLC has acquired various types of assets recently used 100% in its trade or business.Below is a list of assets acquired during 2017 and 2018:
 Asset  Cost Basis  Machinery 25,000 Warehouse 800,000 Furniture 100,00 Computer equipment 65,00 Office equipment 34,000 Automobile 35,000 Office building 800,000ConventionDate Placed in ServiceHalf yearJanuary 24, 2017Mid monthAugust 1, 2017October 5, 2018October 10, 2018September 28, 2018July 15,2018September 24, 2018\begin{array}{l}\begin{array}{lll}\text { Asset } & \text { Cost Basis } \\\text { Machinery } & 25,000 \\\text { Warehouse } & 800,000 \\\text { Furniture } & 100,00 \\\text { Computer equipment } & 65,00 \\\text { Office equipment } & 34,000 \\\text { Automobile } & 35,000 \\\text { Office building } & 800,000\end{array}\begin{array}{lll}\text {Convention}&\text {Date Placed in Service}\\\text {Half year}&\text {January 24, 2017}\\\text {Mid month}&\text {August 1, 2017}\\&\text {October 5, 2018}\\&\text {October 10, 2018}\\&\text {September 28, 2018}\\&\text {July 15,2018}\\&\text {September 24, 2018}\\\end{array}\end{array}
Boxer did not elect §179 expense and elected out of bonus depreciation in 2017,but would like to take advantage of the §179 expense and bonus depreciation for 2018 (assume that taxable income is sufficient).Calculate Boxer's maximum depreciation expense for 2018.(Use MACRS Table 1,Table 5 and Exhibit 10-10 )(Round final answer to the nearest whole number.)

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$249,627. §179 allows expensing of all t...

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