• AAA uses MACRS depreciation for both tax and book purposes
• AAA will not claim Section 179 expense for any of the current year asset additions but otherwise wishes to maximize its 2020 depreciation deduction for the newly acquired assets.
• AAA's tax depreciation on assets acquired in tax years prior to 2020 is $102,813
• During the year, AAA acquired the following assets (all assets were placed in service on the acquisition dates as indicated below):

1. Service vans-new (not Luxury Automobiles) July 1, 2020 $500,000
2. Plumbing machinery/equipment-new July 1, 2020 $250,000

Depreciation expense $ 852,813

With this information did I fill out the below tax return correctly?

1 / 2 101% + during the tax year. See instructions . 14 750,000 15 Property subject to section 168(f)(1) election 15 16 Other depreciation (including ACRS) 16 Part III MACRS Depreciation (Don't include listed property. See instructions.) Section A 17 MACRS deductions for assets placed in service in tax years beginning before 2020 . 17 102,813 18 If you are electing to group any assets placed in service during the tax year into one or more general asset accounts, check here Section B-Assets Placed in Service During 2020 Tax Year Using the General Depreciation System (b) Month and year [c) Basis for depreciation (a) Classification of property placed in (business/investment use (d) Recovery (e) Convention period (f) Method (g) Depreciation deduction service only- see instructions) 19a 3-year property b 5-year property 0 5 yrs HY 200 DB c 7-year property d 10-year property e 15-year property f 20-year property g 25-year property 25 yrs. S/L h Residential rental 27.5 yrs. MM S/L property 27.5 yrs MM S/L i Nonresidential real 39 yrs. MM S/L property MM S/L Section C-Assets Placed in Service During 2020 Tax Year Using the Alternative Depreciation System 20a Class life S/L b 12-year 12 yrs. S/L c 30-year 30 yrs MM S/L d 40-year 40 yrs. MM S/L Part IV Summary (See instructions.) 21 Listed property. Enter amount from line 28 21 22 Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enter here and on the appropriate lines of your return. Partnerships and S corporations- see instructions 22 852 813 20 For areate chown abous and aloned in coming during the microntings antor the