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Required information [The following information applies to the questions displayed below.] Assume that TDW Corporation (calendar year-end) has 2021 taxable income of $654,000 for purposes

Required information [The following information applies to the questions displayed below.] Assume that TDW Corporation (calendar year-end) has 2021 taxable income of $654,000 for purposes of computing the 179 expense. The company acquired the following assets during 2021: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Asset Machinery Computer equipment February 10 Furniture April 2 Placed in Service September 12 Basis $ 2,270,500 263,650 880,850 Total $ 3,415,000 a. What is the maximum amount of 179 expense TDW may deduct for 2021? Maximum 179 expense deductible

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