Assume that Timberline Corporation has 2021 taxable income of $286,000 for purposes of computing the 179 expense. It acquired the following assets in 2021: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Asset Purchase Date Basis Furniture (7-year) December 1 $ 440,000 Computer equipment (5-year) February 28 136,000 Copier (5-year) July 15 76,000 Machinery (7-year) May 22 398,000 Total $ 1,050,000

b. What would Timberlines maximum depreciation deduction be for 2021 assuming no bonus depreciation? (Round your intermediate calculations and final answer to the nearest whole dollar amount.)

c. What would Timberlines maximum depreciation deduction be for 2021 if the machinery cost $3,960,000 instead of $398,000 and assuming no bonus depreciation? (Round your intermediate calculations and final answer to the nearest whole dollar amount.)