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

Required Information
[The following information applies to the questions displayed below.]
Assume that Timberline Corporation has 2023 taxable income of $284,000 for purposes of computing the $179 expense. It
acquired the following assets in 2023: (Use MACRS Table 1, Table 2, Table 3, Table 4, and Table 5.)
Required:
a-1. What is the maximum amount of $179 expense Timberline may deduct for 2023?
a-2. What is TImberline's $179 carryforward to 2024, If any?
Answer is not complete.What is Timberline's 179 carry forward to 2024, if any?
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