Assume that Timberline Corporation has 2019 taxable income of $240,000 for purposes of computing the 179 expense. It acquired the following assets in 2019: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)

	Purchase
Asset	Date		Basis
Furniture (7-year)	December 1	$	450,000
Computer equipment (5-year)	February 28		90,000
Copier (5-year)	July 15		30,000
Machinery (7-year)	May 22		480,000
Total		$	1,050,000
c. What would Timberlines maximum depreciation deduction be for 2019 if the machinery cost $3,000,000 instead of $480,000 and assuming no bonus depreciation?