Calculate the maximum depreciation expense

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Clay LLC placed in service machinery and equipment (7-year property) with a basis of $2,310,000 on June 6, 2015. Assume that Clay has sufficient income to avoid any limitations. Calculate the maximum depreciation expense including §179 expensing (ignoring any possible bonus expensing), rounded to a whole number. (Assume that the 2014 §179 limits are extended to 2015)

$450,093

$492,948

$878,058

$964,923

None of these

Reference no: EM13913286

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