Assume that TDW Corporation (calendar-year-end) has 2023 taxable income of $662,000 for purposes of computing the 179 expense. The company acquired the following assets during 2023: (Use MACRS Table 1, Table 2, Table 3, Table 4, and Table 5.) Asset Machinery Computer equipment Furniture Total Placed in Service September 12 February 10 April 2 Problem 10-57 Part a (Algo) Maximum 179 expense deductible Basis $ 2,271,500 264,950 882,550 $ 3,419,000 a. What is the maximum amount of 179 expense TDW may deduct for 2023?

Assume that TDW Corporation (calendar-year-end) has 2023 taxable income of $662,000 for purposes of computing the $179 expense. The company acquired the following assets during 2023: (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 $179 expense TDW may deduct for 2023