Burch Corporation uses the calendar year as its tax year. It purchases and places into service $$2\mathrm{.}74$ million of property during $2023$ to use in its business:View the assets.View the MACRS half$-$year convention rates.View the MACRS straight$-$line rates for $27\mathrm{.}5-$year property.View the MACRS mid$-$quarter convention rates for property placed in service in the second quarter.View the MACRS mid$-$quarter convention rates for property placed in service in the fourth quarter.Read the requirements.a$.$ What is Burch's total depreciation deduction for $2023$ if Burch elects out of bonus depreciation and does not claim Sec. $179$ expensing? $($Use MACRS rates to three decimal places, XXXX$\%.$ Round the MACRS depreciation to the nearest dollar.$)2023$ DepreciationOffice FurnitureOffice MachineryBuildingTotal $2023$ depreciationAssetsXApartment building$*$Office furnitureOffice machineryPlaced into service$-$May $1$June $23$October $15$CostRecovery Period$ $1,460,00027\mathrm{.}5$ years$$770,0007$ yearsS$510,0005$ years$*$ $$75,000$ of the cost pertains to the land on which the apartment building is located.MACRS Half$-$year Convention RatesGeneral Depreciation System$-$MACRSPersonal Property Placed in Service After $12/31/86$Applicable Convention: Half$-$YearApplicable Depreciation Method: $200$ or $150$ Percent Declining Balance Switching to Straight LineRecovery period and Depreciation RatesRecoveryYearYear $1$Year $2$Year $3$Year $4$Year $5$Year $6$Year $7$Year $8$Year $9$Year $10$Year $11$Year $123-$Year$33\mathrm{.}3344\mathrm{.}4514\mathrm{.}817\mathrm{.}415-$Year$20\mathrm{.}0032\mathrm{.}0019\mathrm{.}2011\mathrm{.}5211\mathrm{.}525\mathrm{.}767-$Year$14\mathrm{.}2924\mathrm{.}4917\mathrm{.}4912\mathrm{.}498\mathrm{.}938\mathrm{.}928\mathrm{.}934\mathrm{.}4610-$Year$10\mathrm{.}0018\mathrm{.}0014\mathrm{.}4011\mathrm{.}529\mathrm{.}227\mathrm{.}376\mathrm{.}556\mathrm{.}556\mathrm{.}566\mathrm{.}553\mathrm{.}2815-$Year$5\mathrm{.}009\mathrm{.}508\mathrm{.}557\mathrm{.}706\mathrm{.}936\mathrm{.}235\mathrm{.}905\mathrm{.}905\mathrm{.}915\mathrm{.}905\mathrm{.}915$ an$20-$Year$3\mathrm{.}7507\mathrm{.}2196\mathrm{.}6776\mathrm{.}1775\mathrm{.}7135\mathrm{.}2854\mathrm{.}8884\mathrm{.}5224\mathrm{.}4624\mathrm{.}4614\mathrm{.}4624461$MACRS Straight$-$line Rates for $27\mathrm{.}5-$year PropertyGeneral Depreciation System$-$MACRSResidential Rental Real Property Placed in Service after $12/31/86$Applicable Recovery Period: $27\mathrm{.}5$ YearsApplicable Convention: Mid$-$monthApplicable Depreciation Method: Straight LineIf theRecoveryYear is:Year $1$Year $2$Year $3$Year $4$Year $5$Year $6$Year $7$Year $8$Year $9$Year $10$Month in the First Recovery Year the Property Is Placed In Service and Depreciation Rate$1234567891011123\mathrm{.}4853\mathrm{.}1822\mathrm{.}8793\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6373\mathrm{.}6373\mathrm{.}637-2\mathrm{.}5763\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6372\mathrm{.}2733\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6371\mathrm{.}9703\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6371\mathrm{.}6673\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6361\mathrm{.}3643\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6361\mathrm{.}0613\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6360\mathrm{.}7583\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6360\mathrm{.}4553\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6360\mathrm{.}1523\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}6363\mathrm{.}636$RequirementsXWhat is Burch's total depreciation deduction for $2023$ in each of the following circumstances? Assume that Burch elects out of bonus depreciation.a$.$Burch does not claim Sec. $179$ expensing.b$.$Burch claims Sec. $179$ expensing for $$770,000$ of the office furniture's cost and $$390,000$ of the office machinery's cost.c$.$Burch claims Sec. $179$ expensing for $$650,000$ of the office furniture's cost and $$510,000$ of the office machinery's cost.