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Chaz Corporation has taxable income in 2020 of $312,000 for purposes of computing the $179 expense and acquired the following assets during the year: Asset
Chaz Corporation has taxable income in 2020 of $312,000 for purposes of computing the $179 expense and acquired the following assets during the year: Asset office furniture Computer equipment Delivery truck Placed in Service September 12 Banis $ 780,000 February 10 August 21 930,000 68,000 Qualified improvement September 30 1,500,000 property Total $3,278,000 What is the maximum total depreciation deduction that Chaz may deduct in 2020? (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Maximum total depreciation deduction
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