Required informotion [The following information applies to the questions displayed below] Dain's Diamond Bit Drilling purchased the following assets this year Assume its taxable income for the year was $53,000 for purposes of computing the $179 expense (assume no bonus depreciation). (Use MACRS Table 1. Table 2. Table 3. Table 4, and Table 5. Note: Leave no answer blank. Enter zero if applicable. b. What is Dain's maximum depreciation deduction for the year (including 5179 expense)? Note: Round your intermediate calculations and final onswer to the neorest whole dollor amount. Table 1 MACRS Half-Year Convention TABLE 2a MACRS Mid-Quarter Convention: For property placed in service during the first quarter TABLE 2b MACRS Mid-Quarter Convention: For property placed in service during the second quarter TABLE 2c MACRS Mid Quarter Convention: For property placed in senvice during the third quarter ABLE 2c MACRS Mid-Quarter Convention: For property placed in service during the third quarter TABLE 2d MACRS-Mid Quarter Convention: For property placed in service during the fourth quarter \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{13}{|c|}{ Mooth Property Placed in Service } \\ \hline & Mouls I & Masth : & Mesth 3 : & Meath 4 & Months & Mestik 6 & Moath 7 & Month 5 & Manth 9 & Month 10 & MeethII & Meath 12 \\ \hline Year 1 & 3004 & 27nN & 25194 & 2249% & 1544% & 1720% & 1459% & 1190% & 092646 & 0.661% & 03914 & 0.1346 \\ \hline Var2.7 & 1175 & 3175 & 3175 & 7173 & 3175 & 3175 & 3175 & 3175 & 1175 & 3.175 & 3.175 & 3173 \\ \hline Years & 3173 & 1174 & 3175 & 1174 & 3173 & 3.174 & 3175 & 3175 & 3175 & 3175 & 3175 & 3175 \\ \hline Year? & 1114 & & 7174 & 3175 & 3174 & 3175 & 3174 & 3175 & 3.174 & 3175 & 3174 & 3125 \\ \hline Yrar 18 & 3.175 & 3174 & 3115 & 3174 & 3175 & 3174 & 3175 & 3174 & 3.175 & 3.174 & 3175 & 3174 \\ \hline Year 11 & 3174 & 3175 & 3174 & 3175 & 3174 & 3175 & 3174 & 3175 & 3174 & -3175 & 3174 & 3175 \\ \hline Var 12 & 3173 & 3174 & 3175 & 3174 & 7175 & 3174 & 3175 & 3174 & 3175 & 3174 & 3175 & 3174 \\ \hline Ykar 13 & 3174 & 3175 & $174 & 3175 & 3174 & 3175 & 3174 & 3173 & 3174 & 3175 & 3174 & 3175 \\ \hline Vear 14 & 3175 & 174 & 1175 & 3176 & 3175 & 3174 & 3175 & 7174 & 3175 & 3.174 & 1175 & 3.174 \\ \hline Year is & 3114 & 1125 & 3174 & 3173 & 3174 & 3175 & 3.1%4 & 3173 & 3174 & 3175 & 3174 & 3175 \\ \hline Yrar 16 & 3125 & 3174 & 3133 & 3174 & 3175 & 3174 & 3175 & 3.174 & 3.175 & 3174 & 3173 & 1174 \\ \hline Year 17 & 3124 & 3173 & 311 & 3173 & 3174 & & 3174 & 3.175 & 3174 & 3175 & 3174 & 1173 \\ \hline Yoris & 3.175 & 3174 & 1173 & 1174 & 3175 & 3174 & 1175 & 3174 & 3175 & 3174 & 3175 & 3114 \\ \hline Vear 19 & 3174 & & 3174 & +175 & 317 & 3175 & 3174 & 3173 & 3174 & 3175 & 3174 & 3175 \\ \hline Year 20 & 3115 & 3174 & 3173 & 3174 & 3175 & 3174 & 3175 & 1174 & 317 & 3174 & 3173 & 3174 \\ \hline Vear 21 & 1174 & 1175 & 117 & 3175 & 3174 & 3.175 & 3174 & 1113 & 3174 & & 7174 & 3175 \\ \hline Vear 21 & 3175 & 3174 & 3173 & 3174 & 313 & 3.174 & 7175 & 314 & 1175 & 3174 & 3175 & 1174 \\ \hline Vear 23 & 3174 & 1175 & 314 & 2175 & 3174 & 3175. & 3174 & 3115 & 3174 & 317 & 1174 & 3175 \\ \hline Viar 74 & 3173 & & 319 & 3174 & 3173 & 3174 & 3113 & 3174 & 3.17 & 3174 & 3175 & 3174 \\ \hline Vear 15 & 3174 & 3175 & 311 & 3175 & 3174 & 3175 & 3174 & 3175 & 3174 & 3175 & 3174 & 3175 \\ \hline Vear 26 & 1173 & 3114 & 1173 & 3174 & 3.175 & 3174 & 317 & 1174 & 3(7) & 317 & 1175 & 1174 \\ \hline Searit & 3176 & 1175 & 3174 & 3175 & 317 & 1175 & 3174 & 4175 & 1174 & 3175 & 1124 & 3175 \\ \hline Vear213 & 1173 & 3174 & 3175 & 114 & 3.175 & 3174 & 3.173 & 3174 & 3175 & 3174 & 1173 & 3174 \\ \hline Mear 29 & 3114 & 117 & 3174 & 3173 & 3114 & 3175 & 3174 & 3115 & 3114 & 3175 & 3174 & 3175 \\ \hline Year 30 & 3125 & H/4 & 3175 & 1174 & 3172 & 317 & 3175 & 3174 & 3175 & 3174 & 1175 & 1174 \\ \hline Vinar31 & & 413 & 314 & 3175 & 3174 & 3175 & .174 & 3173 & 3174 & 3175 & 314 & \\ \hline Year 31 & 1720 & 1944 & 2249 & 2513 & 2E & 3042 & 3175 & 3174 & 325 & 3174 & 1175 & 3131 \\ \hline Year 33 & & & & & & & Q132 & 039? & & 0926 & 1190 & 1455 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{13}{|c|}{ Meath Properte Placed is Service. } \\ \hline & Ment 1 & Menb2 & Manch 3 & Mesth 4 & Meeth 5 & Meathe & Meats 7 & Neaths & Mentb 9 & Mastb 10 & Mesth 11 & Mesth 22 \\ \hline Bear 1 & 2.481% & 22496 & tailts & 18104 & 16059 & 13915 & 117 & & e7194 & 0.5139. & 0321% & osing \\ \hline Vear 239 & 2164 & 2564 & 1364 & & 2564 & 2564 & 236! & 2.144 & 2561 & 2561 & 2561 & 2504 \\ \hline Veardo & & & 0313 & 0749 & & 117 & 2391 & tes & 1819 & 2011 & 2241 & 2481 \\ \hline \end{tabular}