Assume that ACW Corporation has 2018 taxable income of $1,000,000 for purposes of computing the 179 expense. The company acquired the following...

1,380,000

Total$2,013,000

• What is the maximum amount of §179 expense ACW may deduct for 2018?
• What is the maximum total depreciation that ACW may deduct in 2018 on the assets it placed in service in 2018?

Please provide a written tax memo research for this.