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 2022. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2022: *Not considered a luxury automobile. During 2022, Karane was very successful (and had no \$179 limitations) and decided to acquire more assets in 2023 to increase its production capacity. These are the assets acquired during 2023: *Used 100% for business purposes. Karane generated taxable income in 2023 of $1,747,500 for purposes of computing the $179 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. d. Now assume that during 2023 , Karane decides to buy a competitor's assets for a purchase price of $1,421,880. Compute the maximum 2023 cost recovery, including $179 expense and bonus depreciation. Karane purchased the following assets for the lumpsum purchase price: Note: Round your final answers to the nearest whole dollar amount. Assume that Karane takes the maximum section 179 expense for the Assembly Equipment. \begin{tabular}{|c|c|c|c|c|c|c|c|} \hline Description & Cost & \begin{tabular}{l} Section 179 \\ Expense \end{tabular} & Bonus & MACRS Basis & \begin{tabular}{c} Current \\ MACRS \\ Depreciation \end{tabular} & \begin{tabular}{c} Current \\ Amortization \end{tabular} & \begin{tabular}{c} Total Cost \\ Recovery \\ Deduction \end{tabular} \\ \hline \multicolumn{8}{|l|}{2022 Assets } \\ \hline Office Furniture & & & & & & & $ \\ \hline Machinery & & & & & & & 0 \\ \hline Used Delivery Truck & & & & & & & 0 \\ \hline \multicolumn{8}{|l|}{2023 Assets } \\ \hline Computers and Information System & & & & & & & 0 \\ \hline Luxury Auto & & & & & & & 0 \\ \hline Assembly Equipment & & & & & & & 0 \\ \hline Storage Building & & & & & & & 0 \\ \hline Inventory & & & & & & & 0 \\ \hline Office Furniture & & & & & & & 0 \\ \hline Machinery & & & & & & & 0 \\ \hline Patent & & & & & & & 0 \\ \hline Goodwill & & & & & & & 0 \\ \hline Building & & & & & & & 0 \\ \hline Land & & & & & & & 0 \\ \hline Totals & $ & $ & $ & $ & $ & $ & $ \\ \hline \end{tabular}