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Required information [ The following information applies to the questions displayed below. ] Assume that Sivart Corporation has 2 0 2 3 taxable income of

Required information
[The following information applies to the questions displayed below.]
Assume that Sivart Corporation has 2023 taxable income of $1,750,000 for purposes of
computing the $179 expense and acquired several assets during the year. Assume the
delivery truck does not qualify for bonus depreciation. (Use MACRS Table 1, Table 2,
Table 3, Table 4, and Table 5.)
b. What is the maximum total depreciation ( $179, bonus, MACRS) that Sivart may deduct in 2023 on the
assets it placed in service in 2023?
Answer is complete but not entirely correct.
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