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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 $264,000 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.)
c. What would Timberline's maximum depreciation deduction be for 2023 if the machinery cost $3,740,000 instead of $564,000 and
assuming no bonus depreciation?
Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.
Maximum Depreciation Deduction (including 179 expense)
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