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Chaz Corporation has taxable income in 2013 of $312,000 before the 179 expense and acquired the following assets during the year: Asset Placed in Service
Chaz Corporation has taxable income in 2013 of $312,000 before the 179 expense and acquired the following assets during the year: |
Asset | Placed in Service | Basis |
Office furniture | September 12 | $1,280,000 |
Computer equipment | February 10 | 930,000 |
Delivery truck | August 21 | 68,000 |
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Total | $2,278,000 | |
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What is the maximum total depreciation expense that Chaz may deduct in 2013?
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