Assume that Sivart Corporation has 2017 taxable income of $750,000 for purposes of computing the §179 expense and acquired the following assets during the year:

a) What is the maximum amount of §179 expense Sivart may deduct for 2017?
b) What is the maximum total depreciation expense (§179, bonus, MACRS) that Sivart may deduct in 2017 on the assets it placed in service in 2017?

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Asset Machinery Computer Equipment Delivery Truck - used Furniture Total Placed in Service October 12 February 10 August 21 April 2 Basis S1,440,000 70,000 93,000 310,000 $1,913,000