Chaz Corporation has taxable income in 2016 of $344,000 before the §179 expense and acquired the...

Chaz Corporation has taxable income in 2016 of $344,000 before the §179 expense and acquired the following assets during the year:

	Placed in
Asset	Service		Basis
Office furniture	September 12	$	1,210,000
Computer equipment	February 10		922,000
Delivery truck	August 21		61,000
Total		$	2,193,000

What is the maximum total depreciation expense that Chaz may deduct in 2016? (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)

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ekkarill92 answered 2 years ago

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