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

Assume that ACW Corporation has $2021$ taxable income of $$1,680,000$ for purposes of computing the $$179$ expense. The company acquired the following assets during $2021($assume no bonus depreciation$)$: $($Use MACRS Table $1,$ Table $2$ and Table $5.)$

$\backslash$table$[[,$Placed in Service,Basis$],[$Machinery $,$ Asset,$12-$ Sep,$$488,000$