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 b (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?