includes the tables needed to complete

Problem 10-58 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below] Assume that Timberline Corporation has 2022 taxable income of $256,000 for purposes of computing the \$179 expense. It acquired the following assets in 2022: (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) Problem 10-58 Part a (Algo) Required: a-1. What is the maximum amount of $179 expense Timberline may deduct for 2022 ? a-2. What is Timberline's $179 carryforward to 2023 , if any? Assume that Timberline Corporation has 2022 taxable income of $256,000 for purposes of computing the 5179 expense. It acquired the following assets in 2022: (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) Problem 10-58 Part b (Algo) b. What would Timberline's maximum depreciation deduction be for 2022 assuming no bonus depreciation? Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. Assume that Timberline Corporation has 2022 taxable income of $256,000 for purposes of computing the $179 expense. It acquired the following assets in 2022: (Use MACRS Iable 1. Table 2. Table 3. Table 4 and Table 5.) roblem 10-58 Part c (Algo) What would Timberline's maximum depreciation deduction be for 2022 if the machinery cost $3,660,000 instead of $488,000 and ssuming no bonus depreciation? Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. Table 1 MACRS Half-Year Convention TABLE 2a MACRS Mid-Quarter Convention: For property placed in service during the first quarter TABLE 2b MACRS Mid-Quarter Convention: For property placed in service during the second quarter TABLE 2d MACRS-Mid Quarter Convention: For property placed in senvice diring the fourth quarter INEt.F.3 Residential Rental Property Mid Month Convention Strajght Iise-27,5 Years