Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in 2019. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2019: Date Placed in Asset Cost Service Office furniture $ 150,000 02/03/2019 Machinery 1,560,000 07/22/2019 Used delivery truck 40,000 08/17/2019 *Not considered a luxury automobile. During 2019, Karane was very successful and had no $179 limitations) and decided to acquire more assets in 2020 to increase its production capacity. These are the assets acquired during 2020: Asset Computers & info. system Luxury autot Assembly equipment Storage building Cost $ 400,000 80,000 1,200,000 700,000 Date Placed in Service 03/31/2020 05/26/2020 08/15/2020 11/13/2020 tUsed 100% for business purposes. Karane generated taxable income in 2020 of $1,732,500 for purposes of computing the $179 expense limitation. (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.) a. Compute the maximum 2019 depreciation deductions, including $179 expense (ignoring bonus depreciation). Description S Office furniture Machinery Delivery truck Total 2019 Cost Recovery Current Total Cost Cost $179 Expense MACRS Basis MACRS Recovery Depreciation Deduction 150,000 $ 0 S 150,000 $ 21,435 $ 21,435 1,560,000 0 40,000 0 40,000 8,000 8,000 1,750,000 $ 0 S 190,000 $ 29,435 S 29,435