Dain's Diamond Bit Drilling purchased the following assets this year.

Asset	Purchase Date	Original Basis
Drill bits (5-year)	March 03	$ 90,800
Drill bits (5-year)	July 17	95,800
Commercial building	May-26	236,000

Assume its taxable income for the year was $61,000 for purposes of computing the 179 expense (assume no bonus depreciation). (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)

Note: Leave no answer blank. Enter zero if applicable.

a. What is the maximum amount of 179 expense Dain's may deduct for the year?

b. What is Dain's maximum depreciation deduction for the year (including 179 expense)?

c. If the January drill bits' original basis was $2,883,000, what is the maximum amount of 179 expense Dain's may deduct for the year?

d. If the January drill bits' original basis was $3,883,000, what is the maximum amount of 179 expense Dain's may deduct for the year?