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please help me answer this before 8pm today thank yoy Required information The following information applies to the questions displayed below) Assume that TDW Corporation
please help me answer this before 8pm today
Required information The following information applies to the questions displayed below) Assume that TDW Corporation (Calendar year-end) has 2021 taxable income of $676,000 for purposes of computing the $179 expense. The company acquired the following assets during 2021 (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5) Asset Machinery Computer equipment Furniture Total Placed in Service September 12 February 10 April 2 Basis $ 2,273,250 267,225 885,525 $ 3,426,000 a. What is the maximum amount of 5179 expense TOW may deduct for 2021? Maximum 5179 expense deductible thank yoy
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