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Required information The following information applies to the questions displayed below.) Assume that Timbertine Corporation has 2020 taxable income of $268.000 for purposes of computing

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Required information The following information applies to the questions displayed below.) Assume that Timbertine Corporation has 2020 taxable income of $268.000 for purposes of computing the $179 expense. It acquired the following assets in 2020 (Use MACRS Table 1. Table Table 3. Iable and Table) Asset Furniture (7-year) Computer equipment (5-year) Copier (5-year) Machinery (7-year) Total Purchase Date December 1 February 2010 July 15 May 22 Basis 478,000 110,000 58.000 500,000 51,162,000 c. What would Timberline's maximum depreciation deduction be for 2020 if the machinery cost $3.780,000 instead of $508,000 and assuming no bonus depreciation? (Round your intermediate calculations and final answer to the nearest whole dollar amount.) Answer is complete but not entirely correct. Maximum precation de ton onduiding 5179 expenses $ 572 218 %

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