Required information Problem 10-58 (LO 10-2, LO 10-3) The following information applies to the questions displayed below. Assume that Timberline Corporation has 2017 taxable income of $240,000 for purposes of computing the $129 expense. It acquired the following assets in 2017: (Use MACRS Table 1. Table 2. Table 3, Table 4 and Table 5.) Purchase Asset Date Basis Furniture (7-year) Computer equipnent (5-year) Copier (5-year) Machinery (7-year) Total February 28 July 15 May 22 December i s 350,000 90,000 30,000 480,000 $ 950,000 Problem 10-58 Part b b. What would Timberline's maximum depreciation expense be for 2017 assuming ndbonus depreciation? $179 e