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QUESTION

Chaz Corporation has taxable income in 2016 of $384,000 before the 179 expense and acquired the following assets during the year:

What is the maximum total depreciation expense that Chaz may deduct in 2016? (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Round your answer to the nearest whole dollar amount.)

The answer was neither 1,432,253 nor 1,255,253

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