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Assume that TDW Corporation (calendar-year-end) has 2023 taxable income of $682,000 for purposes of computing...

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Accounting

Assume that TDW Corporation (calendar-year-end) has 2023 taxable income of $682,000 for purposes of computing the 179 expense. The company acquired the following assets during 2023: (Use MACRS Table 1, Table 2, Table 3, Table 4, and Table 5.)
Asset Placed in Service Basis
Machinery September 12 $ 2,274,000
Computer equipment February 10268,200
Furniture April 2886,800
Total $ 3,429,000
Problem 10-57 Part a (Algo)
a. What is the maximum amount of 179 expense TDW may deduct for 2023?

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