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Assume that Eliza Hunt LLC acquires a competitor's assets on June 15, 2022. The purchase price was $1,500,000. Eliza has sufficient taxable income for the

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Assume that Eliza Hunt LLC acquires a competitor's assets on June 15, 2022. The purchase price was $1,500,000. Eliza has sufficient taxable income for the 179 deduction. The breakdown of the assets acquired is in the table below: 1. What is Eliza's maximum depreclation/cost recovery deduction (not including amortization) in 2022 assuming she elects out of bonus depreciation and takes a 179 expense on only the factory equipment and the computers 2. What is the adjusted basis of the furniture at the end of 2022 3. What is Eliza's total 2022 depreciation and amortization deduction (use the depreciation deduction calculated in question #1 above and add the 2022 amortization)? 4. Assume for this question only (\#4 only) that the customer list is an automobile. What would the maximum depreciation deduction be for the automobile only (include bonus depreciation for this question) 5. Assume a buyer approaches Eliza and wants to purchase the customer list on August 20, 2023. What would the be the customer list's adjusted tax basis on August 20th? (Round all answers to the nearest whole number and use the following format: \$1,234)

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