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Cost recovery
DLW Corporation acquired and placed in service the following assets during the year:
| Asset | Date Acquired | Cost Basis |
| Computer equipment | 2/17 | $10,000 |
| Furniture | 5/12 | $17,000 |
| Commercial building | 11/1 | $270,000 |
Assuming DLW does not elect §179 expensing or bonus depreciation, answer the following questions:
a. What is DLW’s year 1 cost recovery for each asset?
b. What is DLW’s year 3 cost recovery for each asset if DLW sells all of these assets on 1/23 of year 3?