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?__________________