Evergreen Corporation (calendar year-end) acquired the following assets during the current year: (Use MACRS Table 1 andTable 2.)AssetMachineryComputer equipmentUsed delivery truckFurnitureDate Placed inServiceOctober 25February 3August 17April 22OriginalBasis$ 108,00038,50051,500197,500*The delivery truck is not a luxury automobile.Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.b. What is the allowable depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciationand elects out of $179 expense?Depreciation

Depreciation: An asset's monetary value declines with usage, wear and tear, or obsolescence. The…

Evergreen Corporation (calendar year-end) acquired the following assets during the current year: (Use MACRS Table 1 and Table 2.) Machinery Asset Computer equipment Used delivery truck* Furniture Date Placed in Service October 25 February 3 August 17 April 22 *The delivery truck is not a luxury automobile. Original Basis $ 108,000 38,500 51,500 197,500 Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount. b. What is the allowable depreciation on Evergreen's property in the current year if Evergreen does not elect out of bonus depreciation and elects out of $179 expense? Depreciation