Required: d. Now assume that during 2023, Karane decides to buy a competitor's assets for a...

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Required: d. Now assume that during 2023, Karane decides to buy a competitor's assets for a purchase price of $1,350,000. Compute the maximum 2023 cost recovery, including 179 expense and bonus depreciation. Karane purchased the following assets for the lump- sum purchase price: Note: Round your final answers to the nearest whole dollar amount. Date Placed in Asset Inventory Office furniture Machinery Patent Goodwill Cost $ 220,000 Service 09/15/2023 230,000 09/15/2023 250,000 09/15/2023 198,000 09/15/2023 2,000 09/15/2023 430,000 09/15/2023 20,000 09/15/2023 Building Land Assume that Karane takes the maximum section 179 expense for the Assembly Equipment. Description 2022 Assets Office Furniture Machinery Used Delivery Truck 2023 Assets Computers and Information System Luxury Auto Assembly Equipment Storage Building Cost Section 179 Expense Bonus MACRS Basis Current MACRS Depreciation Current Amortization Total Cost Recovery Deduction $ SA 0 0 0 0 0 0 n Required: d. Now assume that during 2023, Karane decides to buy a competitor's assets for a purchase price of $1,350,000. Compute the maximum 2023 cost recovery, including 179 expense and bonus depreciation. Karane purchased the following assets for the lump- sum purchase price: Note: Round your final answers to the nearest whole dollar amount. Date Placed in Asset Inventory Office furniture Machinery Patent Goodwill Cost $ 220,000 Service 09/15/2023 230,000 09/15/2023 250,000 09/15/2023 198,000 09/15/2023 2,000 09/15/2023 430,000 09/15/2023 20,000 09/15/2023 Building Land Assume that Karane takes the maximum section 179 expense for the Assembly Equipment. Description 2022 Assets Office Furniture Machinery Used Delivery Truck 2023 Assets Computers and Information System Luxury Auto Assembly Equipment Storage Building Cost Section 179 Expense Bonus MACRS Basis Current MACRS Depreciation Current Amortization Total Cost Recovery Deduction $ SA 0 0 0 0 0 0 n