What is the maximum total depreciation expense

Assignment Help Operation Management

Reference no: EM132167381

Assume that TDW Corporation (calendar-year-end) has 2017 taxable income of $650,000 for purposes of computing the §179 expense and acquired the following assets during 2017: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Placed in Asset Service Basis Machinery October 12 $ 1,270,000 Computer equipment February 10 263,000 Furniture April 2 880,000 Total $ 2,413,000

a. What is the maximum amount of §179 expense TDW may deduct for 2017?

b. What is the maximum total depreciation expense, including §179 expense, that TDW may deduct in 2017 on the assets it placed in service in 2017 assuming no bonus depreciation? (Round your answer to the nearest whole dollar amount.)

Reference no: EM132167381

Questions Cloud

Assume poisson arrivals and exponential service times : Find the optimum service time if there are two service channels. Assume Poisson arrivals and exponential service times.

Small manufacturer of electronic research equipment : Lindsay Electronics, a small manufacturer of electronic research equipment, how many items need to be counted each day?

Animal models important to help understand human disease : Why are animal models important to help understand human disease?

Land large contract with a foreign government : Sam Salesman really wants to land a large contract with a foreign government. To "assist" in the negotiations,

What is the maximum total depreciation expense : What is the maximum total depreciation expense, including §179 expense, that TDW may deduct in 2017

Summarizes the laws covered in the course : Summarizes the laws covered in the course, and provides examples and strategies for complying with, and avoiding violations, of employment laws.

Monitors employee-level theft and sales transactions : The researchers measured the impact of software that monitors employee-level theft and sales transactions, before and after the technology was installed,

What were the opportunity costs : Explain in detail a situation in which you responded to an incentive. What were some of the benefits of how you responded? What were the opportunity costs?

Who have strong competencies as component suppliers : What are the lessons for the many firms who have strong competencies as component suppliers but wish to enter a market under their own brand name?

User Account

All Pages