Augie Purchased One New Asset During the Year (Five-Year Property)

Augie purchased one new asset during the year (five-year property) on November 10, 2014, at a cost of $650,000. She would like to use the § 179 election if available. The income from the business before the cost recovery deduction and the § 179 deduction was $600,000. Determine the total cost recovery deduction with respect to the asset for 2014.

A) $32,500.
B) $56,250.
C) $130,000.
D) $150,000.
E) None of the above.