8. 25 Points: The Lennox manufacturing firm places the following property in service this year: You are preparing their tax return, and Lennox has decided to take no bonus depreciation and to claim the maximum section 179 expensing, in addition to the maximum MACRS depreciation. What is the largest combined amount of deduction that they may obtain on account of these properties this year? Be certain to show the calculation of depreciation expense for each asset in addition to any other work needed to solve this question, and use the rules as per the Master Tax Guide. Is mid-quarter or mid-year the mandatory convention? Without regard to your answer above, determine how to compute and allocate the section 179 deduction, assuming the mid-quarter convention applies