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Required information [The following information applles to the questions displayed below] Assume that Timberline Corporation has 2022 taxable income of $254,000 for purposes of computing

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Required information [The following information applles to the questions displayed below] Assume that Timberline Corporation has 2022 taxable income of $254,000 for purposes of computing the 5179 expense. It acquired the following assets in 2022: (Use MACRS Table 1. Table 2. Table. 3. Table 4 and Table.5.) Required: a-1. What is the maximum amount of 5179 expense Timberine may deduct for 2022? a-2. What is Timberline's 5179 carryforward to 2023 , if any? Required information [The following information applies to the questions displayed below] Assume that Timberine Corporation has 2022 taxable income of $254,000 for purposes of computing the 5179 expense. It acquired the following assets in 2022: (Use MACRS Table.1. Tabie 2. Table.3. Table 4 and Tabie.5.) b. What would Timberine's maximum depreciation deduction be for 2022 assuming no bonus depreciation? Note: Round your intermediate calculations and final answer to the nearest whole dollar amount. Required information [The following information applies to the questions displayed below.] Assume that Timberine Corporation has 2022 taxable income of $254,000 for purposes of computing the $179 expense. It acquired the following assets in 2022: (Use MACRS Table 1, Table 2. Table 3, Table 4 and Table 5.) What would Timberline's maximum depreciation deduction be for 2022 if the machinery cost $3,640,000 instead of $494,000 and suming no bonus depreciation? te: Round your intermediate calculations and final answer to the nearest whole dollar amount

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