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Required information [The following information applies to the questions displayed below.] Woolard Supplies (a sole proprletorship) has taxable income in 2022 of $240.000 before any

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Required information [The following information applies to the questions displayed below.] Woolard Supplies (a sole proprletorship) has taxable income in 2022 of $240.000 before any depreclation deductions (5179. bonus, or MACRS) and placed some office furniture into service during the year. The furniture does not qualify for bonus depreciation. (Use MACRS Iable 1. Iable2. Table 3. Iable 4 and Table 5.) Note: Do not round intermediate calculations. Round your intermediate calculations and final answers to the nearest whole dollor omount. b. If Woolard elects the maximum amount of $179 for the year, what is the amount of deductible $179 expense for the year? What is the toral depreciation that Woolard may deduct in 2022 ? What is Woolard's $179 carryforward amount to next year, if any

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