Assume that ACW Corporation has 2019 taxable income of $1,500,000 for purposes of computing the 179 expense.The company acquired the following assets during 2019 (assume no bonus depreciation): (Use MACRSTable 1,Table2andTable 5.)

Asset Placed in Service Basis

Machinery September 12 $470,000

Computer equipment February 10 70,000

Delivery truck August 21 93,000

Qualified improvement property April 2 1,380,000

Total$2,013,000

1. What is the maximum amount of 179 expense ACW may deduct for 2019?
2. What is the maximumtotaldepreciation that ACW may deduct in 2019 on the assets it placed in service in 2019?(Round your intermediate computations to the nearest whole dollar amount.)