BriarHill Inc.purchased four items of tangible personalty in 2019 at a total cost of $3,579,000.BriarHill cannot elect to expense any of the cost of the property under Section 179.

Name: BriarHill Inc.purchased four items of tangible personalty in 2019 at a total cost of $3,579,000.BriarHill cannot elect to expense any of the cost of the property under Section 179.
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BriarHill cannot elect to expense any of the cost of the property under Section 179, so the full cost of the property must be capitalized.