Augie purchased one new asset during the year (five-year property)on November 10,2013,at a cost of $650,000.She made the § 179 election.The income from the business before the cost recovery deduction and the § 179 deduction was $600,000.She takes additional first-year depreciation.Determine the total cost recovery deduction with respect to the asset for 2013.
A)$22,500.
B)$154,550.
C)$500,000.
D)$600,700.
E)None of the above.

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The Answer of Augie purchased one new asset during the year (five-year property)on November 10,2013,at a cost of $650,000.She made the § 179 election.The income from the business before the cost recovery deduction and the § 179 deduction was $600,000.She takes additional first-year depreciation.Determine the total cost recovery deduction with respect to the asset for 2013.
A)$22,500.
B)$154,550.
C)$500,000.
D)$600,700.
E)None of the above.

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