] Paul Vote purchased the following assets this year (ignore §179 expensing and bonus depreciation when answering the questions below):\nAsset Purchase
] Paul Vote purchased the following assets this year (ignore §179 expensing and bonus depreciation when answering the questions below):
\r\nAsset Purchase Date Basis
\r\nMachinery May 12 $23,500
\r\nComputers August 13 $20,000
\r\nWarehouse December 13 $180,000
\r\na. What is Paul’s allowable MACRS depreciation for the property?
\r\nb. What is Paul’s allowable alternative minimum tax (AMT) depreciation for the property? You will need to find the AMT depreciation tables to compute the depreciation.
\r\n