Steve Corp Bought a $925,000 Apartment Building in 2012

Steve Corp bought a $925,000 apartment building in 2012.Of the purchase price,$100,000 is allocated to the value of the land.What is the maximum amount of depreciation that the company can claim in 2013 year 2) for the building?

A) $29,997
B) $825,000 under the election to expense business property
C) $250,000 under the election to expense business property
D) $82,500
E) You cannot depreciate property costing over $800,000