Chaz Corporation has taxable income in $2023$ of $$1,312,050$ for purposes of computing the $179$ expense and acquired the following assets during the year:

Asset Placed in Service Basis

Office furniture September $12$ $ $782,000$

Computer equipment February $10932,000$

Delivery truck August $2170,000$

Qualified real property $($MACRS$,15$ year, $150\%$ DB$)$ September $301,501,000$

Total $ $3,285,000$

What is the maximum total depreciation deduction that Chaz may deduct in $2023?($Use MACRS Table $1,$ Table $2,$ Table $3,$ Table $4,$ and Table $5.)$

Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.

Answer rating: 100% (QA)

To calculate the maximum total depreciation deduction for Chaz Corporation in 2023 we need to determ... View the full answer