Chaz Corporation has taxable income in 2018 of $500,000 for purposes of computing the 179 expense and acquired the following assets during the year:

Chaz Corporation has taxable income in 2018 of $500,000 for purposes of computing the §179 expense and acquired the following assets during the year:

 Placed in  AssetService BasisOffice furnitureSeptember 12$781,000Computer equipmentFebruary 10 900,000Delivery truckAugust 21 50,000Qualified improvement propertySeptember 30 1,501,000Total $3,232,000 

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