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Chaz Corporation has taxable income in 2019 of $452,000 for purposes of computing the $179 expense and acquired the following assets during the year: Asset
Chaz Corporation has taxable income in 2019 of $452,000 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 September 12 February 10 August 21 September 30 Basis $ 781,000 906,000 53,000 1,507,000 $3,247,000 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.) Answer is complete but not entirely correct. Maximum total depreciation deduction $ 2,763,648
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