Required information Problem 10-59 (LO 10-2, LO 10-3) (Algo) [The following information applies to the questions displayed below.] Dain's Diamond Bit Drilling purchased the following assets this year. Assume its taxable income for the year was $65,000 for purposes of computing the $179 expense (assume no bonus depreciation). (Use MACRS Table 1, Table 2, Table 3 , Table 4 and Table 5.) Note: Leave no answer blank. Enter zero if applicable. roblem 10-59 Part c (Algo) If the January drill bits' original basis was $2,887,000, what is the maximum amount of $179 expense Dain's may deduct for the year? Required information Problem 10-72 (LO 10-4) (Algo) [The following information applies to the questions displayed below.] Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine the amount of start-up costs Juliette can immediately expense (not including the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: Note: Leave no answer blank. Enter zero if applicable. Problem 10-72 Part c (Algo) c. She incurred start-up costs of $52,300