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Help Sovet Sub Check my w Required information The following information applies to the questions displayed below) Assume that Timberline Corporation has 2021 taxable income

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Help Sovet Sub Check my w Required information The following information applies to the questions displayed below) Assume that Timberline Corporation has 2021 taxable income of $240.000 for purposes of computing the 5179 expense. It acquired the following assets in 2021 (Use MACRS Tables Tablo 2. Tablete and Tablet Furniture Cast Copier (5-year Tady (- Total Da Der1 February July 15 450.000 90.000 20.000 co $ 10, b. What would Timeline's maximum depreciation deduction be for 202Fassuming no bonus depreca.com Marc Dec 17 ) Required information [The following information applies to the questions displayed below. Assume that Timberline Corporation has 2021 taxable income of $240,000 for purposes of computing the 5179 expense. It acquired the following assets in 2021: (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) Furniture (7-year) Computer equipment (5-year) Copier (5-your Kachinery (7-year) Total Purchase Date December 1 February 28 July 15 Tuy $450,000 90.000 30.000 480000 $ 1.050,000 Required: a-1. What is the maximum amount of 5179 expense Timberline may deduct for 2021? a-2. What is Timberline's 5179 carryforward to 2022, if any? $ a-1. Maximum $179 expense a 2 Maximum 5179 carryforward to 2022 240.000 800,000 $

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