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Required information

Problem $10-62($LO $10-2,$ LO $10-3)($Static$)$

$[$The following information applies to the questions displayed below.$]$

Woolard Supplies $($a sole proprietorship$)$ has taxable income in $2022$ of $$240,000$ before any depreciation deductions

$($ $$179,$ bonus, or MACRS$)$ and placed some office furniture into service during the year. The furniture does not qualify for

bonus depreciation. $($Use MACRS Table $1,$ Table $2,$ Table $3,$ Table $4$ and Table $5.)$

Note: Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.

Problem $10-62$ Part c $($Static$)$

c$.$ Woolard is concerned about future limitations on its $$179$ expense. How much $$179$ expense should Woolard expense this year if it

wants to maximize its depreciation this year and avoid any carryover to future years?