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Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in 2018. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2018:

AssetCostDate Placed in ServiceOffice furniture$150,00002/03/2018Machinery1,560,00007/22/2018Used delivery truck*40,00008/17/2018

*Not considered a luxury automobile.

During 2018, Karane was very successful (and had no 179 limitations) and decided to acquire more assets in 2019 to increase its production capacity. These are the assets acquired during 2019:

AssetCostDate Placed in ServiceComputers & info. system$400,00003/31/2019Luxury auto?80,00005/26/2019Assembly equipment1,200,00008/15/2019Storage building700,00011/13/2019

?Used 100% for business purposes.

Karane generated taxable income in 2019 of $1,732,500 for purposes of computing the 179 expense.(UseMACRSTable 1,Table 2,Table 3,Table 4,Table 5, andExhibit 10-10.)(Leave no answer blank. Enter zero if applicable. Input all the values as positive numbers.)

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Required information 2018 Assets Ofce furniture 5 150,000 9 0 0 5 Machinery 1,560,000 9 0 0 Used delivery truck 40,000 0 0 0 2019 Assets Computers 0 Info. System 400,000 0 0 0 40,000 Luxury Auto 80,000 9 0 0 80,000 0 80,000 Assembly Equipment 1,200,000 9 0 9 120,000 0 0 9 0 120,000 Storage Building 700,000 a 0 0 700,000 6 0 Q 0 9 700,000 inventory 220,000 9 0 0 0 0 o 9 0 9 Ofce Furniture 230,000 9 0 a 0 a o 9 0 a 0 Machinery 250,000 9 0 0 o 0 0 9 0 O 0 Patent 198,000 9 0 O 0 0 0 0 0 6 0 Goodwill 2,000 9 0 0 0 o 0 6 0 0 0 Building 430,000 0 0 0 0 o 0 9 0 6 0 Land 20,000 9 0 0 0 0 0 0 0 0 o _ Totals 5 5,450,000 0 $ 940,000 0 0