Straight-Line Depreciation. Bobby’s marginal tax rate has been low for several years because his…


Straight-Line Depreciation. Bobby's marginal tax reprove has been low for diverse years accordingly his solitary proprietorship has had low receipts. Therefore, he has not elected Sec. 179 expensing, elected out of bonus depreciation, and elected to use the resource diminution arrangement for property acquisitions. Bobby acquires, holds, or sells the forthcoming property in 2019:

Assume the half-year cabinet applies for each year.

a. What is the diminution abatement for each asset in 2019?

b. What sum of constitute or waste does Bobby own on the properties sold in 2019?