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I need help with c Required Information| [The following informotion opplies to the questions clisployed below.] Korone Enterprises, o calendar-yeor manufacturer bosed in College Station,
I need help with c
Required Information| [The following informotion opplies to the questions clisployed below.] Korone Enterprises, o calendar-yeor manufacturer bosed in College Station, Texss, begon business in 2022 . In the process of setting up the business, Korone has ocquired vorious types of sssets. Below is a list of ossets acquired during 2022. *Not considered o luxury outomobile. During 2022, Karane was very successful (ond hed no 6179 limitations) and decided to scquire more 05sets in 2023 to increase its production copocity. These are the ossets acquired during 2023: *Used 100% for business purposes. Korsne genersted toxable income in 2023 of $1,742,500 for purposes of computing the 5179 expense limitation. (Use MACRS Table 1, Toble 2, Toble 3, Toble 4, Table 5, and Exhibit 10-10.) Note: Leave no answer blank. Enter zero If applicable. Input all the values as positive numbers. Required: c. Compute the moximum 2023 depreciation deductions, including 5179 expense, but now sssume that Korone would like to toke bonus depreciotion. Note: Round your final answers to nearest whole dollar. Required Information| [The following informotion opplies to the questions clisployed below.] Korone Enterprises, o calendar-yeor manufacturer bosed in College Station, Texss, begon business in 2022 . In the process of setting up the business, Korone has ocquired vorious types of sssets. Below is a list of ossets acquired during 2022. *Not considered o luxury outomobile. During 2022, Karane was very successful (ond hed no 6179 limitations) and decided to scquire more 05sets in 2023 to increase its production copocity. These are the ossets acquired during 2023: *Used 100% for business purposes. Korsne genersted toxable income in 2023 of $1,742,500 for purposes of computing the 5179 expense limitation. (Use MACRS Table 1, Toble 2, Toble 3, Toble 4, Table 5, and Exhibit 10-10.) Note: Leave no answer blank. Enter zero If applicable. Input all the values as positive numbers. Required: c. Compute the moximum 2023 depreciation deductions, including 5179 expense, but now sssume that Korone would like to toke bonus depreciotion. Note: Round your final answers to nearest whole dollarStep by Step Solution
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