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 the text)(Round final answer to the nearest whole number)

Question

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 the text)(Round final answer to the nearest whole number)

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The Answer of 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 the text)(Round final answer to the nearest whole number)

Columbia LLC Only Purchased One Asset This Year