Assume that ACW Corporation has 2021 taxable income of $1,660,000 for purposes of computing the 179 expense. The company acquired the following assets during 2021 (assume no bonus depreciation): (Use MACRS Table 1, Table 2 and Table 5.) Asset Placed in Service Basis Machinery 12-Sep $ 486,000 Computer equipment

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Assume that ACW Corporation has 2021 taxable income of $1,660,000 for purposes of computing the §179 expense. The company acquired the following assets during 2021 (assume no bonus depreciation): (Use MACRS Table 1, Table 2 and Table 5.)

Asset	Placed in Service	Basis
Machinery	12-Sep	$ 486,000
Computer equipment	10-Feb	86,000
Delivery truck	21-Aug	109,000
Qualified improvement property	02-Apr	1,396,000
Total		$ 2,077,000

What is the maximum amount of §179 expense ACW may deduct for 2021?
What is the maximum total depreciation that ACW may deduct in 2021 on the assets it placed in service in 2021? (Round your intermediate calculations and final answer to the nearest whole dollar amount.)

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