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Assume that Sivart Corporation has 2018 taxable income of $1,750,000 for purposes of computing the 179 expense and acquired several assets during the year. The

Assume that Sivart Corporation has 2018 taxable income of $1,750,000 for purposes of computing the 179 expense and acquired several assets during the year. The delivery truck was acquired in a nontaxable transaction. (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)

Placed in
Asset Service Basis
Machinery June 12 $ 1,440,000
Computer equipment February 10 70,000
Delivery Truck-used August 21 93,000
Furniture April 2 310,000
Total $ 1,913,000

What is the maximum amount of 179 expense Sivart may deduct for 2018

What is the maximum total depreciation (179, bonus, MACRS) that Sivart may deduct in 2018 on the assets it placed in service in 2018?

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