Columbia LLC only purchased one asset this year. Columbia LLC placed in service on October 9,2017 machinery and equipment (7-year property) with a basis of $2,150,000. Assume that Columbia has sufficient income to avoid any limitations. Calculate the maximum depreciation expense including §179 expensing (but ignoring bonus expensing) for the year. (Use MACRS Table 2 in thetext) (Round final answer to the nearest whole number)
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The $510,000 §179 expense is l...
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