DLW Corporation acquired and placed in service the following assets during the year:
Assuming DLW does not elect §179 expensing or bonus depreciation, answer the following questions: (Use MACRS)
a. What is DLW’s year 1 cost recovery for each asset?
b. What is DLW’s year 3 cost recovery for each asset if DLW sells all of these assets on 5/4 of year 3?