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Skyline, Inc. has the following assets in service at the end of 2022: ...

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Accounting

Skyline, Inc. has the following assets in service at the end of 2022:
In 2022 Skyline has taxable income of $10,000,000.
Skyline did not utilize a $179 deduction or bonus depreciation prior to 2022. Skyline would like to take the $179 deduction, but not bonus depreciation, this year.
For full credit this week:
Show all of your calculations and conclude your solution with the most beneficial cost recovery amount for Skyline for 2022.
THEN explain why your amount is the most beneficial in a couple of sentences.
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