Assume that Timberline Corporation has 2018 taxable income of $252,000 for purposes of computing the 179 expense. It acquired the following assets in 2018: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)

	Purchase
Asset	Date		Basis
Furniture (7-year)	December 1	$	462,000
Computer equipment (5-year)	February 28		102,000
Copier (5-year)	July 15		42,000
Machinery (7-year)	May 22		492,000
Total		$	1,098,000

Required:

Problem 10-58 Part a

1. a-1. What is the maximum amount of 179 expense Timberline may deduct for 2018?

2. a-2. What is Timberlines 179 carryforward to 2019, if any?

Problem 10-58 Part b

b. What would Timberlines maximum depreciation deduction be for 2018 assuming no bonus depreciation? (Round your intermediate calculations to the nearest whole dollar amount.)