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Calculate the maximum depreciation expense including 179 expensing (but ignoring bonus depreciation) for the following asset purchase: Machinery (7 year asset) purchased on March

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Calculate the maximum depreciation expense including 179 expensing (but ignoring bonus depreciation) for the following asset purchase: Machinery (7 year asset) purchased on March 22 for $2,362,000. Assume there is sufficient net income to avoid any limitation. Round to the nearest whole number. ZZZ INC bought a computer (5-year property) on July 31 with a basis of $5,500 and some machinery (7-year property) on November 15 with a basis of $18,000. Calculate the maximum depreciation expense, rounded to a whole number (ignoring 179 and bonus depreciation):

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