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Reid acquired two assets in 2019: on August 6th, he acquired computer equipment (five-year property) with a basis of $1,036,848, and, on November 9th, he

Reid acquired two assets in 2019: on August 6th, he acquired computer equipment (five-year property) with a basis of $1,036,848, and, on November 9th, he acquired machinery (seven-year property) with a basis of $1,165,442. Assume that Reid has sufficient income to avoid any limitations. Calculate the maximum depreciation deduction, including Section 179 expensing (but not bonus depreciation) for 2019.

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