QUESTION 4 Calculate the maximum depreciation expense including $179 expensing (but ignoring bonus depreciation) for the following asset purchase: Machinery (7 year asset) purchased on March 22 for $2,362,000. Assume there is sufficient net income to avoid any limitation. Round to the nearest whole number. QUESTION 5 This year, PTR mpany purchased only one asset, a printing machine on March 3. PTR Company paid $28,000 for the machinery. Calculate the maximum depreciation expense (rounded) for the current year (ignoring $179 and bonus depreciation) : QUESTION 4 Calculate the maximum depreciation expense including $179 expensing (but ignoring bonus depreciation) for the following asset purchase: Machinery (7 year asset) purchased on March 22 for $2,362,000. Assume there is sufficient net income to avoid any limitation. Round to the nearest whole number. QUESTION 5 This year, PTR mpany purchased only one asset, a printing machine on March 3. PTR Company paid $28,000 for the machinery. Calculate the maximum depreciation expense (rounded) for the current year (ignoring $179 and bonus depreciation)