Assume that TDW Corporation (calendar-year-end) has 2020 taxable income of $692,000 for purposes of computing the 179 expense. The company acquired the following assets during 2020: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)

	Placed in
Asset	Service		Basis
Machinery	September 12	$	2,275,250
Computer equipment	February 10		269,825
Furniture	April 2		888,925
Total		$	3,434,000

Problem 10-57 Part a (Algo)

b. What is the maximum total depreciation, including 179 expense, that TDW may deduct in 2020 on the assets it placed in service in 2020, assuming no bonus depreciation?