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Question - Assume that Sivart Corporation has 2017 taxable income of $750,000 for purposes of computing the §179 expense and acquired the following assets during 2017: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)

Asset l Placed in Service l Basis

Machinery, October 12, $1,440,000

Computer Equipment, February 10, $70,000

Delivery Truck-used, August 21, $93,000

Furniture, April 2, $310,000

Total: $1,913,000

What is the maximum total depreciation expense (§179, bonus, MACRS) that Sivart may deduct in 2017 on the assets it placed in service in 2017?

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