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3. XYZ, Inc. places the following assets into service during 2018: Assets Machinery (7-year) Furniture (5-year) Computers (5-year) Building (39-year) Cost $600,000 $600,000 $200,000
3. XYZ, Inc. places the following assets into service during 2018: Assets Machinery (7-year) Furniture (5-year) Computers (5-year) Building (39-year) Cost $600,000 $600,000 $200,000 $2,000,000 XYZ's taxable income before computation of the Section 179 deduction is $600,000. What is the maximum amount of Section 179 that XYZ can deduct? Note: Enter a whole number only. Do not use a $ sign or commas. Enter answer here
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