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2020 tax laws please Chapter 10 A Saved Check my work mode : This shows what is correct or incorrect for the work you have

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2020 tax laws please

Chapter 10 A Saved Check my work mode : This shows what is correct or incorrect for the work you have completed 14 Chaz Corporation has taxable income in 2020 of $312,000 for purposes of computing the $179 expense and acquired the following assets during the year: Placed in Service September 12 February 10 August 21 Asset Office furniture Computer equipment Delivery truck Qualified improvement property Total $ Basis 780,000 930,000 68,000 September 30 1,500,000 $ $3, 278,000 What is the maximum total depreciation deduction that Chaz may deduct in 2020? (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Round your intermediate calculations and final answer to the nearest whole dollar amount.) X Answer is complete but not entirely correct. Maximum total depreciation deduction $ 2,138,599 X Chapter 10 A Saved Check my work mode : This shows what is correct or incorrect for the work you have completed 14 Chaz Corporation has taxable income in 2020 of $312,000 for purposes of computing the $179 expense and acquired the following assets during the year: Placed in Service September 12 February 10 August 21 Asset Office furniture Computer equipment Delivery truck Qualified improvement property Total $ Basis 780,000 930,000 68,000 September 30 1,500,000 $ $3, 278,000 What is the maximum total depreciation deduction that Chaz may deduct in 2020? (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Round your intermediate calculations and final answer to the nearest whole dollar amount.) X Answer is complete but not entirely correct. Maximum total depreciation deduction $ 2,138,599 X

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