In 2020, LRRR Corp., a calendar year corporation, acquired and placed in service the assets listed below. Asset Placed in Service Cost Recovery Period Computer 8/21/2020 1,050,000     5 years Machine 10/12/2020 1,000,000     7 years Warehouse 12/2/2020 2,000,000    39 years Assume (1) no bonus depreciation, (2) no Section 179 expense for question.  What is the total depreciation expense LRRR Corp. may deduct in 2020 (show calculations)? What is LRRR Corps's deprecation expense in 2021(show calculations)? Explain (in words, not calculations) what would be different is the Machine was placed in service on April 12, 2020.

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