Requirement a. Compute Reardan's total depreciation deduction for 2023 if it elects the $1.16 malion for Asset ift. (Entor amounts in whole dollars Ute MACRS rates to three decimu, places, MACRS Half-year Convention Rates Assets Generav Deprociation Syatem-MACRS: Personal Froperty Placed in Service Aher 1201/86 Applicable Comention: Maityenr Applicable Depreclation Method: 200 or 150 Percent Declining Batance Switching to Straight Line Recovery period and Depreciation Rates - Aswet 11:$1,200,000 cost placed in service in Feorvary. - Asset u2: \$1,370,000 cont placed in service in November 1. (Enter antounts in shole dollar. Use MACRS ratet to inree decimal places. 70 deduction is taken) 70 deduction is then) In 2023, Reardan Corporation purchases two assets and places them into service (both have 7-year MACRS recovery period) Reardan elects $1.16 million under Sec: 179 and elects out of bonus depreclation. Yex the MACRS mid-auanter convention rates for peroserfy. placed in service in the first quarter. Yirow the MACRS mid-quarter convention fates for properfy. placed in secvice in the fourth quarter. Yien the MACRS hatfyear convention rates. Bead the reguirements: Requirement a. Cornpute Reardan's total depreciation deduction for 2023 if it elects the $1.16 milion for Asset if1. (Enter anounts in whole doilars. Use MACRS rates to three decinal places