Date Placed in Asset Cost Office furniture$ 280,000 Machinery Used delivery trucke Service 02/03/2020 1,586,000 07/22/2020 66,000 08/17/2020 "Not considered a koury automobile. During 2020, Karane was very successful (and had no $179 limitations) and decided to acquire more assets In 2021 to increase its production capacity. These are the assets acquired during 2021 Asset Computers and information system Luxury autot Assembly equipment Storage building Cost $ 426,000 Date Placed in Service 03/31/2021 B6,500 05/26/2021 1,330,000 08/15/2021 Used 100% for business purposes. 800,000 11/13/2021 Karane generated taxable income in 2021 of $1,765,000 for purposes of computing the $179 expense mitation. (Use MACRS Table 1 Table 2, Table 3, Table 4, Table 5, and Exhibit 10-10) (Leave no answer blank. Enter zero if applicable. Input all the values as positive numbers.) Required: d. Now assume that during 2021, Karane decides to buy a competitor's assets for a purchase price of $1,505,740 Compute the maximum 2021 cost recovery, Including $179 expense and bonus depreciation. Karane purchased the following assets for the lump-sum purchase price: (Round your final answers to the nearest whole dollar amount.) Asset Inventory Cost $ 246,000 Date Placed in Service 09/15/2021 Office furniture 256,000 09/15/2021 Machinery 276,000 09/15/2021 Patent 221,400 09/15/2021 Goodwill 4,340 09/15/2021 Building Land 456,000 09/15/2021 46,000 09/15/2021 Assume that Karane takes the maximum section 179 expense for the Assembly Equipment Description 2020 Assets Office Furniture Machinery Used Delivery Truck 2021 Assets Computers and Information System Luxury Auto Assembly Equipment Storage Building Inventory Office Furniture Machinery Patent Goodwill Building Land Totals Cost Section 179 Expense Bonus MACRS Basis Current MACRS Depreciation Current Amortization Total Cost Recovery Deduction $ 0 0 0$ 0 $