Required information
Problem 2-57 (LO 2-2, LO 2-3) (Static)
[The following information applies to the questions displayed below.]
Assume that TDW Corporation (calendar-year-end) has 2025 taxable income of $950,000 for purposes of computing the §179 expense. The company acquired the following assets during 2025: (Use MACRS Table 1, Table 2, Table 3, Table 4, and Table 5.)
Asset Placed in Service Basis
Machinery September 12 $ 3,270,000
Computer equipment February 10 263,000
Furniture April 2 880,000
Total $ 4,413,000
Problem 2-57 Part b (Static)
Required:
b. What is the maximum total depreciation, including §179 expense, that TDW may deduct in 2025 on the assets it placed in service in 2025, assuming no bonus depreciation?
Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.
Maximum total depreciation deduction (including §179 expense)