1 Required information [The following information applies to the questions displayed below.) Part 1 of 5 O Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in 2019. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2019: 5 points Cost Asset Office furniture Machinery Used delivery truck* Date Placed in Service 02/03/2019 07/22/2019 08/17/2019 $ 150,000 1,560,000 40,000 Skipped *Not considered a luxury automobile. eBook During 2019, Karane was very successful and had no $179 limitations) and decided to acquire more assets in 2020 to increase its production capacity. These are the assets acquired during 2020: Print Asset Computers & info. system Luxury autot Assembly equipment Storage building Cost $ 400,000 80,000 1,200,000 700,000 Date Placed in Service 03/31/2020 05/26/2020 08/15/2020 11/13/2020 References tUsed 100% for business purposes. Karane generated taxable income in 2020 of $1,732,500 for purposes of computing the $179 expense limitation. (Use MACRS Table 1, Table 2, Table 3, Table 4, Table 5, and Exhibit 10-10.) (Leave no answer blank. Enter zero if applicable. Input all the values as positive numbers.) a. Compute the maximum 2019 depreciation deductions, including $179 expense (ignoring bonus depreciation) Tanlar 1 Required information [The following information applies to the questions displayed below.) Part 1 of 5 O Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in 2019. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2019: 5 points Cost Asset Office furniture Machinery Used delivery truck* Date Placed in Service 02/03/2019 07/22/2019 08/17/2019 $ 150,000 1,560,000 40,000 Skipped *Not considered a luxury automobile. eBook During 2019, Karane was very successful and had no $179 limitations) and decided to acquire more assets in 2020 to increase its production capacity. These are the assets acquired during 2020: Print Asset Computers & info. system Luxury autot Assembly equipment Storage building Cost $ 400,000 80,000 1,200,000 700,000 Date Placed in Service 03/31/2020 05/26/2020 08/15/2020 11/13/2020 References tUsed 100% for business purposes. Karane generated taxable income in 2020 of $1,732,500 for purposes of computing the $179 expense limitation. (Use MACRS Table 1, Table 2, Table 3, Table 4, Table 5, and Exhibit 10-10.) (Leave no answer blank. Enter zero if applicable. Input all the values as positive numbers.) a. Compute the maximum 2019 depreciation deductions, including $179 expense (ignoring bonus depreciation) Tanlar