Greta,a calendar-year taxpayer,acquires 5-year tangible personal property in 2016 and places the property in service on the following schedule:
Greta elects to expense the maximum under Sec.179,and selects the property placed into service on November 8.The property is not eligible for bonus depreciation.Her business 's taxable income before Sec.179 is $790,000.What is the total cost recovery deduction (depreciation and Sec.179)for 2016?
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