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ABC Inc. acquired the following five-year assets in 2023: a. Asset A - January 10 - $106,000 b. Asset B - July 5 - $70,000
ABC Inc. acquired the following five-year assets in 2023: a. Asset A - January 10 - $106,000 b. Asset B - July 5 - $70,000 c. Asset C - September 15 - $2,824,000 ABC, Inc. elects the maximum 179 expense deduction (assume sufficient income to absorb the 179 deduction in 2023) and no bonus depreciation. What is the depreciation expense in 2024 with respect to these assets?
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