Answer:
$42,853
Explanation:
The computation of the allowable MACRS depreciation on Convers’s property in the current year is shown below:
<u>Assets      Place in service    Quarter   Original Basis  Rate Depreciation</u>
Machinery 
(7 years)     Oct 25                   4th           $70,000         14.29%  $10,003
Computer
Equipment
(5 years)    Feb 03                   1st            $10,000         20%       $2,000
Used delivery 
truck 
(5 years)     Mar 17                   1st            $23,000        20%       $4,600
Furniture 
(7 years)     Apr 22                  2nd         $150,000       14.29%    $21,435
Qualified 
improvement
(39 years)    May 12                 2nd         $300,000     1.605%     $4,815
Total                                                        $553,000                       $42,853
Refer to the MACRS depreciation table 
and we used the half year convention