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14 (10 points) Jadon (MFJ) runs a bicycle manufacturing store. He presents assets purchased and placed in service during the year: Equipment (7 year) (on
14 (10 points) Jadon (MFJ) runs a bicycle manufacturing store. He presents assets purchased and placed in service during the year: Equipment (7 year) (on 06/10/2021) $1,150,000 Delivery van* (on 4/15/2021) 69,000 Warehouse (39 year) (on 10/2/2021) 800,000 Computers (5 year) (on 9/6/2021) 40,000 *Delivery van is considered a luxury automobile for tax purposes. Assuming that Jadon claims the maximum amount of 179 expense (ignore bonus depreciation), calculate Jadon's maximum depreciation deduction including 179 expense. Note: Assume that Jadon has no depreciable asset other than the assets (above) purchased in 2021. Make sure to use MACRS tables provided in Exam 2 Material. Question 15.1^ P
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