[The following information applies to the questions displayed below! Assume that Timberline Corporation has 2021 taxable income of $240,000 for purposes of computing the $179 expense. It acquired the following assets in 2021: (Use MACRS Table 1. Table 2. Table 3. Table 4 and Table 5.) Asset Furniture 17-year Computer equipment (5-year) Copier (5-year Machinery (7-year) Total Purchase Date December 1 February 28 July 15 May 22 Basis 3 450,000 90.000 30,000 480.000 $ 1.050,000 Required: a-1. What is the maximum amount of $179 expense Timberline may deduct for 2021? 0-2. What is Timberline's $179 carryforward to 2022. If any? Answer is complete but not entirely correct. S 8.1 Maximum $179 expense a-2 Maximum $179 carryforward to 2022 240,000 800.000 S