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Acorn Construction (calendar-year end C-corporation) has had rapid expansion during the last half of the current year due to the housing market's recovery. The company

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Acorn Construction (calendar-year end C-corporation) has had rapid expansion during the last half of the current year due to the housing market's recovery. The company has record income and would like to maximize their cost recovery, as much as possible, for the current year. (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Round your answer to the nearest whole dollar amount) Acorn provided the following information: Placed in Service Asset BasB New equipment and tool1s August 20 800,000 Used light duty trucks October 17 1,500, 000 Used machinery Total November 6 525,000 $2,825, 000 a. What is Acorn's maximum cost recovery expense in the current year? Maximum total depreciation expense

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