Madison Company purchased two assets during 2023. It placed…

Madison Company purchased two assets during 2023. It placed in service computer equipment (5-year property) on September 23 with a basis of $115,000 and furniture (7-year property) on October 8 with a basis of $225,000. Calculate the maximum depreciation expense for 2023 (ignore §179 and bonus depreciation).Half-Year Convention Year 1: 5-year 20.00%; 7-year 14.29%. Mid-Quarter Convention Quarter 1 Year 1: 5-year 35.00%; 7-year 25.00%. Mid-Quarter Convention Quarter 2 Year 1: 5-year 25.00%; 7-year 17.85%. Mid-Quarter Convention Quarter 3 Year 1: 5-year 15.00%; 7-year 10.71%. Mid-Quarter Convention Quarter 4 Year 1: 5-year 5.00%; 7-year 3.57%

Jackson Inc. purchased an office building and land several y…

Jackson Inc. purchased an office building and land several years ago for $250,000. The purchase price was allocated as follows: $200,000 to the building and $50,000 to the land. The property was placed in service on October 2, 2014. If the property was disposed of on July 27, 2023 (the 10th year), what is the maximum depreciation for 2023?Year12345678910111212.461%2.247%2.033%1.819%1.605%1.391%1.177%0.963%0.749%0.535%0.321%0.107%2-392.564%2.564%2.564%2.564%2.564%2.564%2.564%2.564%2.564%2.564%2.564%2.564%400.107%0.321%0.535%0.749%0.963%1.177%1.391%1.605%1.819%2.033%2.247%2.461%

Taylor Company placed in service on May 19, 2023 machinery a…

Taylor Company placed in service on May 19, 2023 machinery and equipment (7-year property) with a basis of $3,160,000. Assume that Taylor has sufficient income to avoid any limitations. Calculate the maximum depreciation expense for 2023.Half-Year Convention Year 1: 5-year 20.00%; 7-year 14.29%. Mid-Quarter Convention Quarter 1 Year 1: 5-year 35.00%; 7-year 25.00%. Mid-Quarter Convention Quarter 2 Year 1: 5-year 25.00%; 7-year 17.85%. Mid-Quarter Convention Quarter 3 Year 1: 5-year 15.00%; 7-year 10.71%. Mid-Quarter Convention Quarter 4 Year 1: 5-year 5.00%; 7-year 3.57%

        A jet aircraft with a mass of 4,325 kg has an engine…

        A jet aircraft with a mass of 4,325 kg has an engine that exerts a force (thrust) equal to 60,500 N while experiencing a resistive force of 1,820 N during take off (a).         What is the jet’s acceleration in m/s2 and in g’s when it takes off?                                                  (3.5 points)   (b).         What is the jet’s speed after it accelerates for 5.0 s? (Assume it starts from rest.)                           (1.5 points) (c).         How far does the jet travel during the 6.5 s?                                                                                      (1.5 points)