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What is the maximum total depreciation expense that chaz

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Reference no: EM131794689

Chaz Corporation has taxable income in 2016 of $437,000 before the §179 expense and acquired the following assets during the year:

 

Placed in

 

 

Asset

Service

 

Basis

Office furniture

September 12

$

1,130,000

Computer equipment

February 10

 

906,000

Delivery truck

August 21

 

53,000

Total

 

$

2,089,000

 

What is the maximum total depreciation expense that Chaz may deduct in 2016?

 

Reference no: EM131794689

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