Question: During the current year, Jamu, Inc., purchased and placed into service $3,100,000 worth of capital equipment. The company profit was $410k. What is the

During the current year, Jamu, Inc., purchased and placed into service $3,100,000 worth of capital equipment.

During the current year, Jamu, Inc., purchased and placed into service $3,100,000 worth of capital equipment. The company profit was $410k. What is the maximum amount the company can elect to expense under Section 179, and how much of that elected expense will be carried over for next year's taxes?

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