RECOMMENDED!!FIN 101-Dana forms a small manufacturing company

  

4. Dana forms a small manufacturing company. Her company places the following ng properties into service during the year, on the dates indicated:Type of property Date placed in service Cost_____Business building April 6 $275,000Furniture June 5 $57,000Machinery September 2 $65,000Computer December 27 $25,000She chooses not to complete Section 179 expense, and also elects not to take bonus depreciation. She uses MACRS depreciation. Calculate the first year depreciation on the building, and also on the machinery:

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