Required information (The following information applies to the questions displayed below Dain's Diamond Bit Drilling purchased the following assets this year. PurchaseOriginal Jan-08 Ju1-15 Apr-13 Drill bits (5-year) Drill bits (5-year) Commercial building $ 90,500 98,500 286,000 Assume its taxable income for the year was $64,250 for purposes of computing the $179 expense (assume no bonus depreciation). (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5) (Leave no answer blank. Enter zero if applicable.) c. If the January dirill bits' original basis was $2.396.000, what is the maximum amount of 9179 expense Dain may deduct for the year