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 totion 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,

X$.$XXX $\%.$ Round the MACRS depreciation to the nearest dollar.$)$

$2023$ Depreciation

Office Furniture

Office Machinery

Building

Total $2023$ depreciation

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