Required information [The following information applies to the questions displayed below.] Assume that Timberline Corporation has 2023 taxable income of $240,000 for purposes of computing the $179 expense. It acquired the following assets in 2023: (Use MACRS Table 1, Table 2, Table 3, Table 4, and What would Timberline's maximum depreciation deduction be for 2023 if the machinery cost $3,500,000 instead of $580,000 assuming no bonus depreciation? Required information [The following information applies to the questions displayed below.] Assume that Timberline Corporation has 2023 taxable income of $240,000 for purposes of computing the $179 expense. It acquired the following assets in 2023: (Use MACRS Table 1, Table 2, Table 3, Table 4, and What would Timberline's maximum depreciation deduction be for 2023 if the machinery cost $3,500,000 instead of $580,000 assuming no bonus depreciation