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Required information [The following information applies to the questions displayed below.] Karane Enterprises, a calendar-year manufacturer based in College Station. Texas, began business in 2021

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Required information [The following information applies to the questions displayed below.] Karane Enterprises, a calendar-year manufacturer based in College Station. Texas, began business in 2021 . In the proces of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2021 "Not considered a luxury automobile. During 2021, Karane was very successful (and had no $179 limitations) and decide to acquire more assets in 2022 to increase its production capacity. These are the assets acquired during 2022 "Used 100% for business purposes. Karane generated taxabie income in 2022 of $1,792,500 for purposes of computing the 5179 expense limitation. (Use MACRS Table 1, Table 2. Table 3, Table 4, Table 5, and Exhibit 10-10) Note: Leave no answer blank. Enter zero if applicable. Input all the values as positive numbers. Required: Compute the maximum 2021 depreciation deductions, including 5179 expense (lgnoring bonus depreciation) Required information [The following information applies to the questions displayed below.] Karane Enterprises, a calendar-year manufacturer based in College Station. Texas, began business in 2021 . In the proces of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2021 "Not considered a luxury automobile. During 2021, Karane was very successful (and had no $179 limitations) and decide to acquire more assets in 2022 to increase its production capacity. These are the assets acquired during 2022 "Used 100% for business purposes. Karane generated taxabie income in 2022 of $1,792,500 for purposes of computing the 5179 expense limitation. (Use MACRS Table 1, Table 2. Table 3, Table 4, Table 5, and Exhibit 10-10) Note: Leave no answer blank. Enter zero if applicable. Input all the values as positive numbers. Required: Compute the maximum 2021 depreciation deductions, including 5179 expense (lgnoring bonus depreciation)

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