Dain's Diamond Bit Drilling purchased the following assets this year. Asset Deill bits (5-year) Drill bits (5-year) Commercial building Purchase Date Jan 24 Aug-07 Jun-17 Original Basis $ 109,000 121,500 263,000 Assume its taxable income for the year was $54,000 for purposes of computing the 5179 expense (assume no bonus depreciation). (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) (Leave no answer blonk. Enter zero if applicable.) 6. What is the maximum amount of 5179 expense Dain's may deduct for the year? & Do b. What is Dain's maximum depreciation deduction for the year (including 5179 expense)? (Round your intermediate calculations to the nearest whole dollar amount.) Depreciation expense (including 5179 expense) c. If the January drill bits' original basis was $2,485,000, what is the maximum amount of 179 expense Dain's may deduct for the year? 5179 pense d. If the January drill bits' original basis was $31505,000, what is the maximum amount of $179 expense Dain's may deduct for the year? 5179 expense