Chaz Corporation has taxable income in 2014of $312,000 before the 179 expense and acquired the following assets

Question:

Chaz has taxable income in 2014of $312,000 before the §179 expense and acquired the following assets during the year:
Asset ............................ Placed in Service ......... Basis
Office furniture .......... September 12 ................... $1,280,000
Computer Equipment ........... February 10 ................... 930,000
Delivery Truck ................... August 21 ................... 68,000
Total ........................................................................... $2,278,000
What is the maximum total depreciation expense that Chaz may deduct in 2014(assume that the 2013 §179 limits and bonus depreciation are extended to 2014)?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...