MACRS (LO. 6) The United Express Company begins business in August 2020 by purchasing the assets listed in the table below. Refer to the MACRS Depreciation Tables to answer the following question. Note: Round your intermediate computations to the nearest dollar. Asset Cost Trucks $588,000 Tractor units 55,000 Office equipment 506,000 If United Express elects not to claim bonus depreciation, the maximum MACRS depreciation on the assets (including a possible Section 179 election) for 2020 would be $ MACRS (LO. 6) The United Express Company begins business in August 2020 by purchasing the assets listed in the table below. Refer to the MACRS Depreciation Tables to answer the following question. Note: Round your intermediate computations to the nearest dollar. Asset Cost Trucks $588,000 Tractor units 55,000 Office equipment 506,000 If United Express elects not to claim bonus depreciation, the maximum MACRS depreciation on the assets (including a possible Section 179 election) for 2020 would be $