[ANSWERED] 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 calendar year as its tax year. It purchases and places
into service $1.97 million of property during 2019 to use in its business:
What is Turner’s total depreciation deduction for 2019 in
each of the following circumstances? Assume that Turner elects our of bonus
depreciation .
a. Turner does not claim Sec. 179 expensing.
b. Turner claims Sec. 179 expensing for $650,000 of the office
furniture’s cost and $370,000 of the office machinery’s cost.
c. Turner claims Sec. 179 expensing for $600,000 of the
office furniture’s cost and $420,000 of the office machinery’s cost.