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Part 1 of 2 1 points Required information [The following information applies to the questions displayed below.] Assume that TDW Corporation (calendar-year-end) has 2023
Part 1 of 2 1 points Required information [The following information applies to the questions displayed below.] Assume that TDW Corporation (calendar-year-end) has 2023 taxable income of $664,000 for purposes of computing the $179 expense. The company acquired the following assets during 2023: (Use MACRS Table 1. Table 2. Table 3. Table 4. and Table 5.) Asset Machinery Computer equipment Furniture Placed int Service September 12 February 10 April 2 Basis $ 2,271,750 265,275 882,975 Total $ 3,420,000 a. What is the maximum amount of $179 expense TDW may deduct for 2023? Answer is complete but not entirely correct. Maximum 179 expense deductible $360,000 (
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