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Chaz Corporation has taxable income in 2021 of $316,000 for purposes of computing the $179 expense and acquired the following assets during the year: What
Chaz Corporation has taxable income in 2021 of $316,000 for purposes of computing the $179 expense and acquired the following assets during the year: What is the maximum total depreciation deduction that Chaz may deduct in 2021? (Use MACRS Table 1, Table 2, Table 3 , Table 4 and ( (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Table 1 MACRS Half-Year Convention TABLE 2a MACRS Mid-Quarter Couvention: For propery placed in service during the fivat quarter TABLE 2b MACRS Mid-Quarter Convention: For propery placed in service during the second quarey TABLE 2cMACRS Mid-Quarter Convention: For propervy placed in sevice during the third quarter IABLE 2d MACRS-Mid Quarter Convention: For propery placed in service aloring the fourth quarter TABLE 2d MACRS-Mid Quarter Convention: For propery placed in zervice during the fourth quarter TABLE 3 Residential Rental Property Mid-Month Convention Straight Line-27.5 Years TABLE 4 Nonresidential Real Property Mid-Month Convention Straight Line-31.5 Years (for assets placed in service before May 13, 1993)
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