Dains Diamond Bit Drilling purchased the following assets this year.

Asset	Purchase Date	Original Basis
Drill bits (5-year)	January 22	$	114,000
Drill bits (5-year)	July 19		123,500
Commercial building	July 11		238,000

Assume its taxable income for the year was $61,250 before deducting any 179 expense (assume no bonus depreciation). (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.)

a.	What is Dains maximum 179 expense for the year?

b.	What is Dains maximum depreciation expense for the year (including 179 expense)?

c.	If the January drill bits original basis was $2,403,500, what is Dains maximum 179 expense for the year?

d.	If the January drill bits basis was $2,523,500, what is Dains maximum 179 expense for the year?