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:

Asset	Cost	Date Placed in Service
off. furniture	150000	02/03/2019
machinery	1560000	07/22/2019
used delivery truck	40000	08/17/2019

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	Cost	Date Placed in Service
Computer and info system	400000	03/31/2020
Luxury auto	80000	05/26/2020
Assembly Equipmemt	1200000	08/15/2020
Storage Building	700000	11/13/2020

Used 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.)

1- Compute the maximum 2020 depreciation deductions, including 179 expense (ignoring bonus depreciation).

2- Compute the maximum 2020 depreciation deductions, including 179 expense, but now assume that Karane would like to take bonus depreciation.

3-Now assume that during 2020, Karane decides to buy a competitors assets for a purchase price of $1,350,000. Compute the maximum 2020 cost recovery, including 179 expense and bonus depreciation. Karane purchased the following assets for the lump-sum purchase price: (Round your final answers to the nearest whole dollar amount.)

4- Complete Karane Enterprises's Form 4562 for part (b).