Question: chaz corporation has taxable income in 2014 of 343000 before...
Chaz Corporation has taxable income in 2014 of $343,000 before the §179 expense and acquired the following assets during the year:
|Asset||Placed in Service||Basis|
|Office furniture||September 12||$1,190,000|
|Computer equipment||February 10||918,000|
|Delivery truck||August 21||59,000|
What is the maximum total depreciation expense that Chaz may deduct in 2014? (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Take the §179 deduction only on the Furniture. Round your answer to the nearest whole dollar amount.)