Assume that Timberline Corporation has $2024$ taxable income of $$280,000$ for purposes of computing the $179$ expense. It acquired the following assets in $2024$: $($Use MACRS Table $1,$ Table $2,$ Table $3,$ Table $4,$ and Table $5.)$

Asset Purchase Date Basis

Furniture $(7-$year$)$ December $1$ $ $534,000$

Computer equipment $(5-$year$)$ February $28130,000$

Copier $(5-$year$)$ July $1570,000$

Machinery $(7-$year$)$ May $22516,000$

Total $ $1,250,000$

Required:

a$-1.$ What is the maximum amount of $179$ expense Timberline may deduct for $2024?$ I got $$280,000$ and it is correct.

a$-2.$ What is Timberline's $179$ carryforward to $2025,$ if any? I put $$0$ but that is incorrect.

Can you help?