Problem $10-60($LO $10-2,$ LO $10-3)($Algo$)$

Assume that ACW Corporation has $2023$ taxable income of $$1,920,000$ for purposes of computing the $$179$ expense. The company

acquired the following assets during $2023($assume no bonus depreciation$)$: $($Use MACRS Table $1,$ Table $2,$ and Table $5.)$

a$.$ What is the maximum amount of $179$ expense ACW may deduct for $2023?$

b$.$ What is the maximum total depreciation that ACW may deduct in $2023$ on the assets it placed in service in $2023?$

Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.

a$.$ Maximum $179$ expense for $2023$

b$.$ Maximum total deductible depreciation for $2023$