Chaz Corporation has taxable income in 2017 of $361,000 for purposes of computing the 179...
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Accounting
Chaz Corporation has taxable income in 2017 of $361,000 for purposes of computing the 179 expense and acquired the following assets during the year:
Placed in Asset Service Basis
Office furniture September 12 $ 1,200,000
Computer equipment February 10 920,000
Delivery truck August 21 60,000
Total $ 2,180,000
What is the maximum total depreciation expense that Chaz may deduct in 2017?
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