Debra acquired the following new assets during 2013:
| Date |
Asset |
Cost |
| April 11 |
Office Furniture |
$40,000 |
| July 28 |
Trucks |
40,000 |
| November 3 |
Computers |
70,000 |
|
Debra does not elect immediate expensing under § 179. She does take the additional first-year depreciation. If required, round your answers to the nearest dollar. Click here to access Table 8.1 and Table 8.2 of the textbook.