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Problem 10-57 (LO 10-2, LO 10-3) (Static) [The following information applies to the questions displayed below.] Assume that TDW Corporation (calendar-year-end) has 2023 taxable income
Problem 10-57 (LO 10-2, LO 10-3) (Static) [The following information applies to the questions displayed below.] Assume that TDW Corporation (calendar-year-end) has 2023 taxable income of $650,000 for purposes of computing the $179 expense. The company acquired the following assets during 2023: (Use MACRS Table 1, Table 2, Table 3, Table 4, and Problem 10-57 Part a (Static) a. What is the maximum amount of 179 expense TDW may deduct for 2023 ? Problem 10-57 (LO 10-2, LO 10-3) (Static) [The following information applies to the questions displayed below.] Assume that TDW Corporation (calendar-year-end) has 2023 taxable income of $650,000 for purposes of computing the and Problem 10-57 Part b (Static) b. What is the maximum total depreciation, including $179 expense, that TDW may deduct in 2023 on the assets it placed in service in 2023, assuming no bonus depreciation? Note: Round your intermediate calculations and final answer to the nearest whole dollar amount
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