Requlred Information [The following information applies to the questions displayed below.] Karane Enterprises, a calendar-year manufacturer based in College Station. Texas, began business in 2021. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2021: *Not considered a luxury automobile. During 2021, Karane was very successful (and had no \$179 limitations) and decided to acquire more assets in 2022 to increase its production capacity. These are the assets acquired during 2022 : *Used 100% for business purposes. Karane generated taxable income in 2022 of $1,735,000 for purposes of computing the $179 expense limitation. (Use MACRS Table 1. Table 2. Table 3, Table 4. Table 5, and Exhibit 10-10.) Note: Leave no answer blenk. Enter zero If appllcable. Input all the values as positive numbers. Required: d. Now assume that during 2022 , Karane decides to buy a competitor's assets for a purchase price of $1,361,980. Compute the maximum 2022 cost recovery, including $179 expense and bonus depreciation. Karane purchased the following assets for the lumpsum purchase price: Note: Round your final answers to the nearest whole dollar amount. Assume that Karane takes the maximum section 179 expense for the Assembly Equipment. Requlred Information [The following information applies to the questions displayed below.] Karane Enterprises, a calendar-year manufacturer based in College Station. Texas, began business in 2021. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2021: *Not considered a luxury automobile. During 2021, Karane was very successful (and had no \$179 limitations) and decided to acquire more assets in 2022 to increase its production capacity. These are the assets acquired during 2022 : *Used 100% for business purposes. Karane generated taxable income in 2022 of $1,735,000 for purposes of computing the $179 expense limitation. (Use MACRS Table 1. Table 2. Table 3, Table 4. Table 5, and Exhibit 10-10.) Note: Leave no answer blenk. Enter zero If appllcable. Input all the values as positive numbers. Required: d. Now assume that during 2022 , Karane decides to buy a competitor's assets for a purchase price of $1,361,980. Compute the maximum 2022 cost recovery, including $179 expense and bonus depreciation. Karane purchased the following assets for the lumpsum purchase price: Note: Round your final answers to the nearest whole dollar amount. Assume that Karane takes the maximum section 179 expense for the Assembly Equipment