help please & thank you!

At the beginning of its 2022 tox year, Hiram owned the following business assets: On July 8, Hiram sold its equipment. On August 18, it purchased and placed in service new tools costing $589,000; these tools are three-year recovery property. These were Hiram's only capital transactions for the year, Required: Compute Hiram's maximum cost recovery deduction for 2022 . In making your computation, assume that taxable income before depreciation exceeds $2,000,000, Use Toble 7.2 Note: Enter all amounts as positive values. Round your intermediate computations and final answers to the nearest whole dollar amount