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Chaz Corporation has taxable income in 2019 of $376,000 for purposes of computing the $179 expense and acquired the following assets during the year: Asset
Chaz Corporation has taxable income in 2019 of $376,000 for purposes of computing the $179 expense and acquired the following assets during the year: Asset Office furniture Computer equipment Delivery truck Qualified improvement property Total Placed in Service Basis September 12 $ 671,000 February 10 938,000 August 21 69,000 September 301,539,000 $3,217,000 What is the maximum total depreciation deduction that Chaz may deduct in 2019? (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Round your answer to the nearest whole dollar amount.) Maximum total depreciation deduction
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