Assume that TDW Corporation (calendar-year-end) has 2015 taxable income of $650,000 before the §179 expense and acquired the following assets during 2015:

a) What is the maximum amount of §179 expense TDW may deduct for 2015 (assume the 2014 §179 limits are extended to 2015)?
b) What is the maximum total depreciation expense, including §179 expense, that TDW may deduct in 2015 on the assets it placed in service in 2015 assuming no bonus depreciation (assume the 2014 §179 limits are extended to 2015)?

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Placed in Service October 12 February 10 April 2 Basis Asset Machinery Computer equipment Furniture $1,270,000 880,000 $2,413,000 Total