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Question
Chaz Corporation has taxable income in 2018 of $426,000 for purposes of computing the §179 expense and acquired the following assets during the year:
Office furniture September 12 $ 781,000
Computer equipment February 10 $910,000
Delivery truck August 21 $55,000
Qualified improvement property September 30 $1,511,000
Total $3,257,000
What is the maximum total depreciation deduction that Chaz may deduct in 2018? (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Round your answer to the nearest whole dollar amount.)
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