Assume that Sivart Corporation has 2018 taxable income of $1,750,000 for purposes of computing the §179 expense and acquired several assets during the year. The delivery truck was acquired in a nontaxable transaction.

a. What is the maximum amount of §179 expense Sivart may deduct for 2018?

b. What is the maximum total depreciation (§179, bonus, MACRS) that Sivart may deduct in 2018 on the assets it placed in service in 2018?

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Placed in Service Asset Basis June 12 February 10 August 21 April 2 Machinery Computer equipment Delivery truck-used Furniture $1,440,000 70,000 93,000 310,000 $1,913,000 Total