Assume that TDW Corporation (calendar-year-end) has 2018 taxable income of $650,000 for purposes of computing the §179 expense. The company acquired the following assets during 2018:

a. What is the maximum amount of §179 expense TDW may deduct for 2018?
b. What is the maximum total depreciation, including §179 expense, that TDW may deduct in 2018 on the assets it placed in service in 2018 assuming no bonus depreciation?

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Basis Placed in Service Asset Machinery Computer equipment $1,270,000 September12 February 10 April 2 263,000 Furniture Total 880,000 $2,413,000