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Question: You place the following equipment into service in the following years with the following tax lives: Year placed Tax life Cost Into service Computer 2011 3 year $19,000 Car 2012 5 year $25,000 Shelves 2013 7 year $39,000

What is the total depreciation expense allowed by the IRS for all three pieces of equipment for tax years 2012?

What is the total depreciation expense allowed by the IRS for all three pieces of equipment for tax years 2013?

What is the total depreciation expense allowed by the IRS for all three pieces of equipment for tax years 2014?

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