Chaz Corporation has taxable income in 2016 of $437,000 before the §179 expense and acquired the following assets during the year:
|
|
Placed in
|
|
|
|
Asset
|
Service
|
|
Basis
|
|
Office furniture
|
September 12
|
$
|
1,130,000
|
|
Computer equipment
|
February 10
|
|
906,000
|
|
Delivery truck
|
August 21
|
|
53,000
|
|
Total
|
|
$
|
2,089,000
|
|
|
What is the maximum total depreciation expense that Chaz may deduct in 2016?