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Please compute the maximum 2022 depreciation deductions, including 179 expense. I computed the table but my computations were wrong. Thank you! Required: Compute the maximum
Please compute the maximum 2022 depreciation deductions, including 179 expense. I computed the table but my computations were wrong. Thank you!
Required: Compute the maximum 2022 depreciation deductions, including $179 expense (ignoring bonus depreciation) Note: Round your final answers to nearest whole dollar. [The following information applies to the questions displayed below.] Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in 2022 . In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2022 : 'Not considered a luxury automobile. During 2022, Karane was very successful (and had no 5179 limitations) and decided to acqune more assets in 2023 to increase its production capacity These are the assets acquired during 2023 Used 100% for business purposesStep by Step Solution
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