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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 $674,000 for purposes

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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 $674,000 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.) Placed in Asset Machinery Computer equipment Furniture Total Service September 12 Basis $2,273,000 February 10 April 2 266,900 885,100 $3,425,000 a. What is the maximum amount of 179 expense TDW may deduct for 2020? Answer is complete and correct. Maximum $179 expense deductible $ 205,000

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