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Assume that TDW Corporation (calendar year-end) has 2022 taxable income of $652,000 for purposes of computing the 5179 expense. The company acquired the following assets

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Assume that TDW Corporation (calendar year-end) has 2022 taxable income of $652,000 for purposes of computing the 5179 expense. The company acquired the following assets during 2022: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Problem 10-57 Part a (Algo) a. What is the maximum amount of 5179 expense TDW may deduct for 2022? Lina purchased a new car for use in her business during 2022. The auto was the only business asset she purchased during the year, and her business was extremely profitable. Calculate her maximum depreciation deductions (including 5179 expense unless stated otherwise) for the automobile in 2022 and 2023 (Lina doesn't want to take bonus depreciation for 2022 or 2023) in the following alternative scenarios (assuming half-year convention for all): (Use MACRS Table 1. Table 2, and Exhibit 10-10.) Problem 10-67 Part c (Algo) c. The vehicle cost $93,000, and she used it 80 pprcent for business

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