1. Tigger, Incorporated purchased two assets during the current year (a full 12-month tax year). On August 10 Tigger placed in service computer equipment (five-year property) with a basis of $20,000 and on November 18 placed in service machinery (seven-year property) with a basis of $10,000. Calculate the maximum depreciation expense (ignoring 179 and bonus depreciation). Note: Round final answer to the nearest whole number.

a) $857

b)$3,357

c)$5,429

D)$6,000

2) Clay LLC placed in service machinery and equipment (seven-year property) with a basis of $3,450,000 on June 6, 2023. Assume that Clay has sufficient income to avoid any limitations. Calculate the maximum depreciation expense including 179 expensing (ignoring any possible bonus depreciation). (Use MACRS Table 1.)

Note: Round final answer to the nearest whole number.

Group of answer choices

A) $1,160,000

B) $1,007,265

C) $493,005

D) $407,265

E) None of the choices are correct.