#3

Required Information [The following information applles to the questions displayed below.] Assume that Timberline Corporation has 2022 taxable income of $278,000 for purposes of computing the $179 expense. It acquired the following assets in 2022: (Use MACRS Table 1 , Table 2, Table 3, Table 4 and Table 5.) Required: a-1. What is the maximum amount of $179 expense Timberline may deduct for 2022 ? a-2. What is Timberline's 179 carryforward to 2023 , If any? b. What would Timberilne's maximum depreciation deduction be for 2022 assuming no bonus depreciation? Note: Round your Intermediate calculatlons and final answer to the nearest whole dollar amount. c. What would Timberline's maximum depreclation deduction be for 2022 if the machinery cost $3,880,000 Instead of $422,000 and assuming no bonus depreclation? Note: Round your Intermedlate calculations and final answer to the nearest whole dollar amount