Question: Please HELP!!! I really need a detailed step by step explanation. I found answers for this question posted by others, but they were wrong and

Please HELP!!! I really need a detailed step by step explanation. I found answers for this question posted by others, but they were wrong and the step by step wasn't clear so I couldn't use the steps to find my answer.

The answer for part A of this question is $353,000 maximum amount of 179 expense TDW may deduct for 2022. Answer A was confirmed as correct.

Assume that TDW Corporation (calendar year-end) has 2022 taxable income of $678,000 for purposes of computing the 179 expense. The company acquired the following assets during 2022: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.)

Asset Placed in Service Basis Machinery September 12 $ 2,273,500 Computer equipment February 10 $ 267,550 Furniture April 2 $ 885,950 Total $ 3,427,000

Problem 10-57 Part b (Algo) b. What is the maximum total depreciation, including 179 expense, that TDW may deduct in 2022 on the assets it placed in service in 2022, assuming no bonus depreciation?

Maximum 179 expense deductible_________

Thank you for your help :)

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