3 Required information (The following information applies to the questions displayed below.) Part 1 of 2 Assume that Sivart Corporation has 2021 taxable income of $1,750,000 for purposes of computing the $179 expense and acquired several assets during the year. Assume the delivery truck does not qualify for bonus depreciation. (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) 0/0.42 points awarded Placed in Service June 12 February 10 August 21 April 2 Asset Machinery Computer equipment Delivery Truck-used Furniture Total Scored Basis $ 1,440,000 70,000 93,000 310,000 $ 1,913,000 a. What is the maximum amount of $179 expense Sivart may deduct for 2021? Maximum $179 expense deductible $ 1,913,000 You received no credit for this question in the previous attempt. V 4 ! Part 2 of 2 Required information [The following information applies to the questions displayed below.] Assume that Sivart Corporation has 2021 taxable income of $1,750,000 for purposes of computing the $179 expense and acquired several assets during the year. Assume the delivery truck does not qualify for bonus depreciation. (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) 0.48 points eBook Asset Machinery Computer equipment Delivery Truck-used Furniture Total Placed in Service June 12 February 10 August 21 April 2 Basis $ 1,440,000 70,000 93,000 310,000 $ 1,913,000 b. What is the maximum total depreciation ($179, bonus, MACRS) that Sivart may deduct in 2021 on the assets it placed in service in 2021? Maximum total depreciation deduction (including $179 expense) $ 1,040,000