Please show calculations.

Required information [The following information applies to the questions displayed below.] Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in 2018. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2018: Date Placed in Asset Cost Service Office furniture $ 150, 090 12/03/2018 Machinery Used delivery truck* 1, 560, 090 07/22/2018 40, 090 08/17/2018 "Not considered a luxury automobile. During 2018, Karane was very successful (and had no $179 limitations) and decided to acquire more assets in 2019 to increase its production capacity. These are the assets acquired during 2019: Date Placed in Asset Cost Service Computers & info. system $ 400, 090 80.090 03/31/2019 Luxury autot 05/26/2019 Assembly equipment 1, 200, 090 08/15/2019 Storage building 700, 090 11/13/201 IUsed 100% for business purposes. Karane generated taxable income in 2019 of $1,732,500 for purposes of computing the $179 expense. (Use MACRS Table 1, Table 2, Table 3, Table 4, Table 5, and Exhibit 10-10.) (Leave no answer blank. Enter zero if applicable. Input all the values as positive numbers.) b. Compute the maximum 2019 depreciation deductions, including $179 expense (ignoring bonus depreciation). Current Total Description Cost Sec. 179 Expense MACRS Basis MACRS Depreciation Depreciation Deduction 2018 Assets Office furniture $ 150,000 $ Machinery 1,560,000 Used delivery truck 40,000 2019 Assets Computers & Info. System 400,000 Luxury Auto 80,000 Assembly Equipment 1,200,000 Storage Building 700,000 Totals $ 4.130,000 $ o s 0 $ of