Determine what is the maximum total depreciation

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Assume that TDW Corporation (calendar-year-end) has 2019 taxable income of $664,000 for purposes of computing the §179 expense. The company acquired the following assets during 2019: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)

Asset                           Placed in Service                                   Basis

Machinery                             September 12                      $2,271,750

Computer                             February 10                          265,275

equipment

Furniture                                 April 2                             882,975

Total                                                                           $3,420,000

Question problem 1: What is the maximum total depreciation, including §179 expense, that TDW may deduct in 2019 on the assets it placed in service in 2019, assuming no bonus depreciation? (Round your intermediate calculations to the nearest whole dollar amount.)

Reference no: EM132466225

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