$2.00 Please assist
MACR 40% Test and Bonus Depreciation. Small Corporation acquired and placed in service the following 100% business-use assets. Small did not elect Sec. 179 expense on any of these properties but claimed 50% bonus depreciation on all eligible property in 2009. Truck (light-duty, modified non-personal use) costing $20,000; Placed in service on February 15, 2009 with a 5-year MACRS recovery period. Machinery costing $50,000: Placed in service on May 1, 2009 with a 7-year MACRS recovery period. Land costing $60,000: Placed in service on July 1, 2009. Building costing $100,000: Placed in service on December 1, 2009 with a 39-year MACRS recovery period. Equipment costing $40,000: Acquired on December 24, 2009 and placed in service on January 5, 2010 with a 5-year MACRS recovery period.
a. What are Small's total depreciation deductions in 2009 and 2010?
b. What would Small's total depreciation deductions have been in the two years if the machinery had been placed in service on November 1, 2009 instead of May 1, 2009?