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Required information (The following information applies to the questions displayed below. Assume that TDW Corporation (calendar-year-end) has 2020 taxable income of $684,000 for purposes of

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Required information (The following information applies to the questions displayed below. Assume that TDW Corporation (calendar-year-end) has 2020 taxable income of $684,000 for purposes of computing the $179 expense. The company acquired the following assets during 2020: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Asset Machinery Computer equipment Furniture Total Placed in Service September 12 February 10 April 2 Basis $2,274,250 268,525 887, 225 $3,430,000 a. What is the maximum amount of $179 expense TDW may deduct for 2020? Maximum $179 expense deductible

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