Smith LLC has acquired various types of assets recently. Below is a list of assets acquired during 2012 and 2013:
Asset Cost Basis Convention Date Placed in Service
Machinery 25,000 Half-year 1/24/12
Warehouse 800,000 Mid-month 8/1/12
Furniture 110,000 ? 10/5/13
Computer Equipment 65,000 ? 10/10/13
Office Equipment 34,000 ? 9/28/13
Automobile 35,000 ? 7/15/13
Office Building 800,000 ? 9/24/13
Smith did not elect §179 expense or potential bonus depreciation in 2012, but would like to elect §179 expense for 2013 (assume that taxable income is sufficient). Calculate Smith's maximum depreciation expense for 2013, rounded to the nearest whole number (ignore bonus depreciation for 2013).