Tucson LLC advice on the following transaction:
They would like to purchase additional equipment for their business, they have not purchased any other fixed assets in 2019.
| Asset | Cost | |
| Examination Table | $15,000 | |
| X-Ray Machine | $250,000 |
(a). Calculate the tax depreciation assuming these assets are purchased and placed in service on 12/31/2019 assuming that they have elected not to take Section 179 expense and bonus depreciation on these assets.
(b). Calculate tax depreciation assuming these assets are purchased on 12/31/2019 assuming that they have not made any elections out of 179 or bonus depreciation. In each calculation assume Tucson LLC would like to take the maximum allowable deduction.
