Assume that Timberline Corporation has 2018 taxable income of $282,000 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.) a-1. What is the maximum amount of 179 expense Timberline may deduct for 2018? a-2. What is Timberlines 179 carryforward to 2019, if any?

Furniture (7-year)	December 1	$	492,000
Computer equipment (5-year)	February 28		132,000
Copier (5-year)	July 15		72,000
Machinery (7-year)	May 22		522,000
Total		$	1,218,000