View previous attempt Acorn Construction (calendar-year end C-corporation) has had rapid expansion during the last half of the current year due to the housing market's recovery. The company has record income and would like to maximize their cost recovery, as much as possible, for the current year. (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Round your answer to the nearest whole dollar amount.) 10 points Acorn provided the following information Placed in Service eBook Basis $ 800, 000 1,500,000 Asset New equipment and tools August 20 Used light duty trucks October 17 Used machinery Total Hint November 6 525,000 $2,825,000 References a. What is Acorn's maximum cost recovery expense in the current year? Maximum total depreciation expense