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Required information Required: c . Compute the maximum 2 0 2 3 depreciation deductions, including 1 7 9 expense, but now assume that Karane would

Required information Required:
c. Compute the maximum 2023 depreciation deductions, including 179 expense, but now assume that Karane would like to take bonus depreciation.
Note: Round your final answers to nearest whole dollar.
\table[[Description,Cost,\table[[Section],[179],[Expense]],Bonus,\table[[MACRS],[Basis]],\table[[Current],[MACRS],[Depreciation]],\table[[Total Cost],[Recovery],[Deduction]]],[2022 Assets],[Office Furniture,$,250,000,0vv,0,$,250,000,61,225>,61,225],[Machinery,1,660,000vv,0V,0,580,000vv,237,214\times ,237,214],[Used Delivery Truck,60,000,00,0,60,000,19,200vv,19,200],[2023 Assets],[Computers and Information System,420,000,00,420,000\times ,0,0\times ,420,000],[Luxury Auto,85,000,0,8,000,77,000,12,200vv,20,200],[Assembly Equipment,1,300,000vv,1,080,000\times ,220,000\times ,0,0\times ,1,300,000],[Storage Building,800,000,0V,0,800,000,2,568vv,2,568],[Total,$4,575,000,$1,080,000,$,648,000,$1,767,000,332,407,$2,060,407]]
*Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted.
Comprehensive Problem 10-76(LO 10-1, LO 10-2, LO 10-3, LO 10-4, LO 10-5)(Algo)
[The following information applies to the questions displayed below.]
Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in 2022. In the process
of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2022:
*Not considered a luxury automobile.
During 2022, Karane was very successful (and had no $179 limitations) and decided to acquire more assets in 2023 to
increase its production capacity. These are the assets acquired during 2023:
*Used 100% for business purposes.
Karane generated taxable income in 2023 of $1,757,500 for purposes of computing the $179 expense limitation.(Use
MACRS Table 1, Table 2, Table 3, Table 4, Table 5, and Exhibit 10-10.)
Note: Leave no answer blank. Enter zero if applicable. Input all the values as positive numbers.
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