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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

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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 $1,732,500 for purposes of computing the $179 expense limitation. (Use MACRS Iable 1, Iable 2, Table 3, Iable 4. Iable 5, and Exhibit 10-10) Note: Leave no answer blank. Enter zero if opplicable. Input all the values as positive numbers. b. Compute the maximum 2023 depreciation deductions, including $179 expense (ignoring bonus depreciation). e. Complete Karane Enterprises's form 4562 for part (b). (Use 2023 tox rules regardless of year on tax form. Do not skip rows when entering property under line item 26 of Form 4562. Assets ocquired during 2022 hove to be entered under Section B port of Form 4562, poge 1.) Prepare form 4567

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