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Assume that TDW Corporation (calendar year-end) has 2022 taxable income of $664,000 for purposes of...

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Accounting

Assume that TDW Corporation (calendar year-end) has 2022 taxable income of $664,000 for purposes of computing the 179 expense. The company acquired the following assets during 2022: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)
Asset Placed in Service Basis
Machinery September 12 $ 2,271,750
Computer equipment February 10265,275
Furniture April 2882,975
Total $ 3,420,000
Problem 10-57 Part b (Algo)
b. What is the maximum total depreciation, including 179 expense, that TDW may deduct in 2022 on the assets it placed in service in 2022, assuming no bonus depreciation?

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