Conglomerate Inc. (Federal ID: 7946138520) is a company that has been operating since July 1, 2014. Given below are details of assets that were placed into service by Conglomerate since it began operations. Asset Date Placed into Service Basis / Cost Asset A (barge) 4/15/2017 $ 25,000 Asset B (office furniture) 7/31/2017 $100,000 Asset C (tractor unit for the road) 10/31/2019 (acquired 10/1/19) $600,000 Asset D (computers) 11/15/2019 (acquired 11/5/19) $200,000 Asset E (patent acquired) 11/1/2016 $ 50,000 Start-Up costs 7/1/2014 (date business started) $ 75,000 Goodwill (self-created) 7/1/2014 (date business started) $250,000 Conglomerates taxable income for 2019 before considering 179 expenses is $300,000. Note that any elected 179 or bonus depreciation expense amounts are claimed on assets placed into service in tax year 2019 only (because 2019 is their first year of use). Assume the 179 election is applied to Asset C only, then apply bonus, then MACRS (if applicable) on the 2019 assets. Also assume that assets placed into service before 2019 have not been (and are not) subject to 179 or bonus depreciation 1. Calculations showing the 2019 cost recovery deduction for Conglomerate Inc. Ensure your calculation has the following: (15 points) i. Section 179 expenses ii. Bonus depreciation iii. MACRS amounts for all applicable assets iv. Amortization of all applicable assets Note: Maximize the total deduction amount, regardless if it might create an NOL for Conglomerate.