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Assume that TDW Corporation (calendar year-end) has 2022 taxable income of $680,000 for purposes of computing the $179 expense. The company acquired the following assets

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Assume that TDW Corporation (calendar year-end) has 2022 taxable income of $680,000 for purposes of computing the $179 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? 7 TABLE 2a MACRS Mid-Quarter Convention: For property placed in service during the first quarter TABLE 2b MACRS Mid-Quarter Convention: For property placed in service during the second quarter TABLE 2c MACRS Mid-Quarter Convention: For property placed in service during the third quarter TABLE 2d MACRS-Mid Quarter Convention: For property placed in service during the fourth quarter Ti at e. 2 Raidential Rental Property Mid-Month Convention Straight Line-27.5 Years TABL.E. 4 Nonrevidential Real Freperty Mid-Mosih Comention Stralght Line-31.5 Years (for assets placed is service before May 13, 1993). TABL. 5 Nenredidential Real Preperty Mid-Month Coervention Straight I ine-39 Years (for assets placed ie service on or after May 13, 1993)

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