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Questions to answer: Required information [The following information applies to the questions displayed below.] Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began

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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 2021. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2021: "Not considered a luxury automobile. During 2021, Karane was very successful (and had no $179 limitations) and decided to acquire more assets in 2022 to increase its production capacity. These are the assets acquired during 2022 : "Used 100% for business purposes. Karane generated taxable income in 2022 of $1,772,500 for purposes of computing the $179 expense limitation. (Use MACRS Table 1, Table 2 , Table 3 , Table 4, Table 5, and Exhibit 10-10.) Note: Leave no awwr blank. Enter zero if applicable. Input all the values as positive numbers. Compute the maximum 2021 depreciation deductions, including 31/9 expense (ignoring bonus depreciation). c. Compute the maximum 2022 depreciation deductions, including 179 expense, but now assume that Karane would like to tak bonus depreciation. Assume that Karane takes the maximum section 179 expense for the Assembly Equipment. 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 2021. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2021: "Not considered a luxury automobile. During 2021, Karane was very successful (and had no $179 limitations) and decided to acquire more assets in 2022 to increase its production capacity. These are the assets acquired during 2022 : "Used 100% for business purposes. Karane generated taxable income in 2022 of $1,772,500 for purposes of computing the $179 expense limitation. (Use MACRS Table 1, Table 2 , Table 3 , Table 4, Table 5, and Exhibit 10-10.) Note: Leave no awwr blank. Enter zero if applicable. Input all the values as positive numbers. Compute the maximum 2021 depreciation deductions, including 31/9 expense (ignoring bonus depreciation). c. Compute the maximum 2022 depreciation deductions, including 179 expense, but now assume that Karane would like to tak bonus depreciation. Assume that Karane takes the maximum section 179 expense for the Assembly Equipment

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