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76. Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in 2022. In the process of setting up the business, Karane has

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76. Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in 2022. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2022: "Not considered a luxury automobile. During 2022, Karane was very successful (and had no $179 limitations) and decided to acquire more assets in 2023 to increase its production capacity. These are the assets acquired during 2023: Karane generated taxable income in 2023 of $1,732,500 for purposes of computing the $179 expense limitation. a) Compute the maximum 2022 depreciation deductions, including $179 expense (ignoring bonus depreciation). b) Compute the maximum 2023 depreciation deductions, including $179 expense (ignoring bonus depreciation). c) Compute the maximum 2023 depreciation deductions, including $179 expense, but now assume that Karane would like to take bonus depreciation. d) Now assume that during 2023, Karane decides to buy a competitor's assets for a purchase price of $1,350,000. Compute the maximum 2023 cost recovery, including $179 expense and bonus depreciation. Karane purchased the following assets for the lump-sum purchase price: e) Complete Part I of Form 4562 for part (b) (use the most current form available)

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