Dains Diamond Bit Drilling purchased the following assets this year. Purchase Original Asset Date Basis Drill bits (5-year) Feb-20 $ 115,000 Drill bits (5-year) Aug-20 118,500 Commercial building May-15 299,000 Assume its taxable income for the year was $76,500 for purposes of computing the 179 expense (assume no bonus depreciation). (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Leave no answer blank. Enter zero if applicable.)

b. What is Dains maximum depreciation deduction for the year (including 179 expense)? (Round your intermediate calculations to the nearest whole dollar amount.)