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Assume that ACW Corporation has 2022 taxable income of $1,980,000 for purposes of computing the $179 expense. The company acquired the following assets during 2022
Assume that ACW Corporation has 2022 taxable income of $1,980,000 for purposes of computing the $179 expense. The company acquired the following assets during 2022 (assume no bonus depreclation): (Use MACRS Iable1. Table2 and Iable 5 .) 0. What is the maximum amount of $179 expense ACW may deduct for 2022? b. What is the maximum total depreciation that ACW may deduct in 2022 on the assets it placed in service in 2022 ? Note: Round your intermediate calculations and final answer to the nearest whole dollar amount
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