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Required information [The following information applies to the questions displayed below] Woolard Supplies (a sole proprietorship) has taxable income in 2020 of $240,000 before any

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Required information [The following information applies to the questions displayed below] Woolard Supplies (a sole proprietorship) has taxable income in 2020 of $240,000 before any depreciation deductions: (\$179, 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. Table 2. Table 3. Table 4 and Table 5) (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Woolard is concerned about future limitations on its $179 expense. How much 5179 expense should Woolard expense this year if it ants to maximize its depreciation this year and avoid any camyover to future years

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