Sec. 179 Expensing and MACRS Depreciation. Turner Corporation uses the calendar year as its tax…


Sec. 179 Expensing and MACRS Depreciation. Turner Corporation uses the register year as its tax year. It purchases and places into utility $1.97 pet of attribute during 2019 to use in its business:

What is Turner's entirety derogation abatement for 2019 in each of the aftercited circumstances? Assume that Turner elects our of bonus derogation .

a. Turner does not assertion Sec. 179 expensing.

b. Turner assertions Sec. 179 expensing for $650,000 of the station furniture's consume and $370,000 of the station machinery's consume.

c. Turner assertions Sec. 179 expensing for $600,000 of the station furniture's consume and $420,000 of the station machinery's consume.