Riverside Corporation purchased and placed in service the following assets in $2023$:

Riverside Corporation purchased no other assets during $2023,$ and its net income for

the year is $$50,000,000$ before considering cost recovery deductions.

a$.$ What is the maximum tax depreciation deduction Riverside Corporation may take in

$2023,$ assuming the company elects $179$ expense and bonus depreciation? Please

show your work and explain your calculations. $(10$ points$)$

b$.$ What is Riverside Corporation's depreciation deduction in ${2024}_{?}($year $2)$ on the

computer asset? $($NOTE: You do not need to calculate the depreciation deduction

on the other assets placed in $2023,$ just the computers$).$ Please show your work and

explain your calculations $(4$ points$).$

c$.$ What is Riverside Corporation's adjusted basis in the computers at the end of

$($year $2)?($NOTE: You do not need to calculate the adjusted basis on the other

assets as of the end of $2023,$ just the computers$).$ Please show your work and

explain your calculations $(4$ points$).$