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Required information 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
Required information 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 2022 taxable income of $650,000 for purposes of computing the 179 expense. The company acquired the following assets during 2022: (Use MACRS Table 1, Table 2, Table 3, Table. Table 5.) and Asset Machinery Computer equipment Furniture Total Placed in Service September 12 February 10 April 2 Problem 10-57 Part a (Static) Maximum 179 expense deductible Basis $ 2,270,000 263,000 880,000 $ 3,413,000 a. What is the maximum amount of 179 expense TDW may deduct for 2022? $ 650,000
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