Question: 4 part problem!! due to your attempt to have me engage on a 3rd party platform, i have saved this question with a screenshot and

4 part problem!!
4 part problem!! due to your attempt to have me engage on
a 3rd party platform, i have saved this question with a screenshot
and reported it to chegg. have a wonderful day ;) Karane Enterprises,
a calendar-year manufacturer based in College Station, Texas, began business in 2021
. In the process of setting up the business, Karane has acquired
various types of assets. Below is a list of assets acquired during
2021 : "Not considered a luxury automobile. During 2021, Karane was very
successful (and had no $17911 mitations) and decided to acquire more assets
in 2022 to increase its production capacity. These are the assets acquired
during 2022 : "Used 100% for business purposes. Karane generated taxable income
in 2022 of $1,745,000 for purposes of computing the $179 expense limitation.
(Use MACRS Table 1. Table 2, Table 3, Table 4, Table 5,
due to your attempt to have me engage on a 3rd party platform, i have saved this question with a screenshot and reported it to chegg. have a wonderful day ;)

Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in 2021 . In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2021 : "Not considered a luxury automobile. During 2021, Karane was very successful (and had no $17911 mitations) and decided to acquire more assets in 2022 to increase its production capacity. These are the assets acquired during 2022 : "Used 100% for business purposes. Karane generated taxable income in 2022 of $1,745,000 for purposes of computing the $179 expense limitation. (Use MACRS Table 1. Table 2, Table 3, Table 4, Table 5, and Exhibit 10-10.) Note: Leave no answer blank. Enter zero if applicable. Input all the values as positive numbers. Table 1 MACRS Half-Vear Convantion TABLE 2b MACRS Mid-Quarter Convention: For property placed in service during the second quarter TABLE 2c MACRS Mid-Quarter Convention: For property placed in service during the third quarter TABLE 3 Residential Rental Property Mid-Month Convention Straight Line- -27.5 Years IABt 1: 5 Nonresidential Real Preperty Mtid-Moath Convention braight I.ine--39 Years (for ascts placed in service on or after May 13, 1993) EXHIBIT 10-10 Automobile Depreciation Limits *As of press date, the IRS had not released the 2022 limitations for automobiles, so throughout the chapter we tse the same limitations as in 2021 for 2022. +\$S, 000 additional depreciation is allowed when bonus depreciation is clained [$/68(k)(2)(F)]. Compute the maximum 2021 depreciation deductions, including $179 expense (ignoring bonus depreciation). b. Compute the maximum 2022 depreciation deductions, including $179 expense (ignoring bonus depreciation) c. Compute the maximum 2022 depreciation deductions, including $179 expense, but now assume that Karane would like to take bonus depreciation d. Now assume that during 2022 , Karane decides to buy a competitor's assets for a purchase price of $1,409,900. Compute the maximum 2022 cost recovery, including $179 expense and bonus depreciation. Karane purchased the following ossets for the lumpsum purchase price: Note: Round your final answers to the nearest whole dollar amount. Assume that Karane takes the maximum section 179 expense for the Assembly Equipment. Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in 2021 . In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2021 : "Not considered a luxury automobile. During 2021, Karane was very successful (and had no $17911 mitations) and decided to acquire more assets in 2022 to increase its production capacity. These are the assets acquired during 2022 : "Used 100% for business purposes. Karane generated taxable income in 2022 of $1,745,000 for purposes of computing the $179 expense limitation. (Use MACRS Table 1. Table 2, Table 3, Table 4, Table 5, and Exhibit 10-10.) Note: Leave no answer blank. Enter zero if applicable. Input all the values as positive numbers. Table 1 MACRS Half-Vear Convantion TABLE 2b MACRS Mid-Quarter Convention: For property placed in service during the second quarter TABLE 2c MACRS Mid-Quarter Convention: For property placed in service during the third quarter TABLE 3 Residential Rental Property Mid-Month Convention Straight Line- -27.5 Years IABt 1: 5 Nonresidential Real Preperty Mtid-Moath Convention braight I.ine--39 Years (for ascts placed in service on or after May 13, 1993) EXHIBIT 10-10 Automobile Depreciation Limits *As of press date, the IRS had not released the 2022 limitations for automobiles, so throughout the chapter we tse the same limitations as in 2021 for 2022. +\$S, 000 additional depreciation is allowed when bonus depreciation is clained [$/68(k)(2)(F)]. Compute the maximum 2021 depreciation deductions, including $179 expense (ignoring bonus depreciation). b. Compute the maximum 2022 depreciation deductions, including $179 expense (ignoring bonus depreciation) c. Compute the maximum 2022 depreciation deductions, including $179 expense, but now assume that Karane would like to take bonus depreciation d. Now assume that during 2022 , Karane decides to buy a competitor's assets for a purchase price of $1,409,900. Compute the maximum 2022 cost recovery, including $179 expense and bonus depreciation. Karane purchased the following ossets for the lumpsum purchase price: Note: Round your final answers to the nearest whole dollar amount. Assume that Karane takes the maximum section 179 expense for the Assembly Equipment

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