Required information Comprehensive Problem 02-76 (LO 02-1, LO 02-2, LO 02-3, LO 02-4, LO 02-5) (Algo) [The following information applies to the questions displayed below.] Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in 2020. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2020: Date Placed in Asset Office furniture Cost $ 180,000 Service 02/03/2020 Machinery Used delivery truck* 1,566, 000 46,000 07/22/2020 08/17/2020 *Not considered a luxury automobile. During 2020, Karane was very successful (and had no 179 limitations) and decided to acquire more assets in 2021 to increase its production capacity. These are the assets acquired during 2021: Date Placed in Asset Computers and information system Cost $ 406,000 Service 03/31/2021 Luxury autot Assembly equipment Storage building 81,500 1,230,000 700,000 05/26/2021 08/15/2021 11/13/2021 +Used 100% for business purposes. Karane generated taxable income in 2021 of $1,740,000 for purposes of computing the $179 expense limitation. (Use MACRS Table 1, Table 2, Table 3, Table 4, Table 5, and Exhibit 10-10.) (Leave no answer blank. Enter zero if applicable. Input all the values as positive numbers.) Comprehensive Problem 02-76 Part d (Algo) Required: d. Now assume that during 2021, Karane decides to buy a competitor's assets for a purchase price of $1,385,940. Compute the maximum 2021 cost recovery, including $179 expense and bonus depreciation. Karane purchased the following assets for the lump- sum purchase price: (Round your final answers to the nearest whole dollar amount.) Asset Inventory Office furniture Machinery Patent Goodwill Building Land Cost $ 226,000 Date Placed in Service 09/15/2021 236,000 09/15/2021 256,000 09/15/2021 203, 400 09/15/2021 2, 540 09/15/2021 436,000 09/15/2021 26, 000 09/15/2021 Assume that Karane takes the maximum section 179 expense for the Assembly Equipment.