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[The following information applies to the questions displayed below.] Assume that TDW Corporation (calendar-year-end) has 2019 taxable income of $670,000 for purposes of computing the
[The following information applies to the questions displayed below.] Assume that TDW Corporation (calendar-year-end) has 2019 taxable income of $670,000 for purposes of computing the $179 expense. The company acquired the following assets during 2019: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) Asset Machinery Computer equipment Furniture Total Placed in Service Basis September 12 $2,272,500 February 10 266,250 April 2 884,250 $3,423,000 b. What is the maximum total depreciation, including $179 expense, that TDW may deduct in 2019 on the assets it placed in service in 2019, assuming no bonus depreciation? (Round your intermediate calculations to the nearest whole dollar amount.) Maximum total depreciation deduction (including $179 expense) $ 486,165
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