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Assume that Sivart Corporation has 2022 taxable income of $1,750,000 for purposes of computing the 179 expense and acquired several assets during the year. Assume

Assume that Sivart Corporation has 2022 taxable income of $1,750,000 for purposes of computing the 179 expense and acquired several assets during the year. Assume the delivery truck does not qualify for bonus depreciation. (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Asset Placed in Service Basis Machinery June 12 $ 1,440,000 Computer equipment February 10 70,000 Delivery Truckused August 21 93,000 Furniture April 2 310,000 Total $ 1,913,000 a. What is the maximum amount of 179 expense Sivart may deduct for 2022? B. What is the maximum total depreciation (179, bonus, MACRS) that Sivart may deduct in 2022 on the assets it placed in service in 2022?

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