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ABC Inc. acquired the following five-year assets in 2021: a. Asset A - January 10 - $106,000 b. Asset B - July 5 - $70,000

ABC Inc. acquired the following five-year assets in 2021:

a. Asset A - January 10 - $106,000 b. Asset B - July 5 - $70,000 c. Asset C - September 15 - $2,424,000

ABC, Inc. elects the maximum 179 expense deduction (assume sufficient income to absorb the 179 deduction in 2021) and no bonus depreciation.

What is the depreciation expense in 2022 with respect to these assets?

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