Date 139,750 feruired Information Dain's Diamond Bit Drining Purchased the following assets this year Purchase Assest Basis Drill biscoya January 25 5/12,500 Drill bits (s. yeurd July 25 Commericia Apoi 12? 313,000 building Assume its taxable income for the year was $58,500 for Propos OR computing the 8179 expense Cassume no bonus depeciatian cuse MACRS iTable & Table 3, Table y and Table 5.) (Leane an ans werbianic entor 2eso if applicable) Problem 10-59 part b(Algo) by what is Dain's maximum depreciation dedcutian For the year (including 179 2x pense, (Round your) intermediate Calcultion and final answer to the nearest whole dollar amayind.)