Assume that Timberline Corporation has 2019 taxable income of $278,000 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	$	488,000
Computer equipment (5-year)	February 28		128,000
Copier (5-year)	July 15		68,000
Machinery (7-year)	May 22		518,000
Total		$	1,202,000

Required:

1. a-1. What is the maximum amount of 179 expense Timberline may deduct for 2019?

2. a-2. What is Timberlines 179 carryforward to 2020, if any?