Problem
Karane Enterprises, a calendar-year manufacturer based in College Station, Texas, began business in 2021. In the process of setting up the business, Karane has acquired various types of assets. Below is a list of assets acquired during 2021
1. Compute the maximum 2021 depreciation deductions, Including $179 expense (ignoring bonus depreciation?
2. Compute the maximum 2022 depreciation deductions, including $179 expense (ignoring bonus depreciation??
3. Compute the maximum 2022 depreciation deductions, including $179 expense, but now assume that Karane would like to take bonus depreciation?
4. Complete Karane Enterprises's Form 4562 for part (2)?