Question 4 20 Points 1. Assume that ACW Corporation has 2023 taxable income of $1,500,000 for purposes of computing the 5179 expense. The company acquired the following assets during 2023 (assume no bonus depreciation): Asset Placed in Service Machinery September 12 Computer equipment February 10 Delivery truck August 21 Qualified real property (MACRS, 15 year, 150% DB) April 21 Basis $470,000 70,000 93,000 1.380.000. Total a) What is the maximum amount of 5179 expense ACW may deduct for 20237 Blank 1 $2,013,000 b) What is the maximum total depreciation deduction that ACW may deduct in 2023 on the assets it placed in service in 20237 Blank 2 Blank 1 Add your answer Blank 2 Add your answer