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need a, b, c, d. At the beginning of its 2022 tax year, Hiram owned the following business assets: On July 8 , Hiram sold

need a, b, c, d.
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At the beginning of its 2022 tax year, Hiram owned the following business assets: On July 8 , Hiram sold its equipment. On August 18 , it purchased and placed in service new tools costing $597,000; these tools are three-year recovery property. These were Hiram's only capital transactions for the year. Required: Compute Hiram's maximum cost recovery deduction for 2022. In making your computation, assume that taxable income before depreciation exceeds $1,080,000. Use Table 72. Note: Enter all amounts as positive values. Round your intermediate computations and final answers to the nearest whole dollar amount. TABLE 7.2 MACRS for Business Personalty (Half-Year Convention)

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