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 2017. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2017: Date Ple Asset Cost ice Office furniture Machinery Used delivery truck* s 150,000 02/03/2017 1,560,000 07/22/2017 40,000 08/17/2017 Not considered a luxury automobile. During 2017, Karane was very successful (and had no $179 limitations) and decided to acquire more assets this next year to increase its production capacity. These are the assets,acquired during 2018: Date Placed in Service Asset Cost Computers& info. system Luxury autot Assembly equipment Storage building $ 400, 000 03/31/2018 80,000 05/26/2018 1,200,000 08/15/2018 700,00011/13/2018 tused 100% for business purposes. Karane generated taxable income in 2018 of $1,732,500 for purposes of computing the $179 expense. (Use MACRS Table 1 , Table 2. Table 3, Table 4, Table 5, and Exhibit1010) Assume the 2017 179 limits are the same as those in 2018. (Leave no answer blank. Enter zero if applicable. Input all the values as positive numbers.) a. Compute the maximum 2017 depreciation deductions including 5179 expense (ignoring bonus depreciation Current Total Description Cost 5179 Expense MACRS Basis| MACRS Depreciation Depreciation Deduct es Office furniture Machinery Delivery truck Totals