Table 1: Sanjuro Corporation (A Calendar-Year Corporation) Purchased and Placed

Table 1: Sanjuro Corporation (a calendar-year corporation) purchased and placed in service the following assets during 2011:
$$\begin{array} { l c r } \text { Date Acquired } & \text { Asset Description } & \underline { \text { Cost } } \\\text { February 18 } & \text { Warehouse Building } & \$ 2,450,000 \\\text { June 2 } & \text { Used Automobile } & \$ 30,000 \\\text { August 18 } & \text { New Computer Equipment } & \$ 220,000 \\\text { September 20 } & \text { New Machinery } & \$ 1,050,000 \\\text { December 15 } & \text { Used Office Equipment } & \$ 875,000\end{array}$$
All assets are used 100% for business use. The warehouse building does not include the cost of the land on which it is located which was an additional $1,000,000. The corporation has $3,000,000 income from operations before calculating depreciation deductions. Sanjuro Corporation wishes to maximize its overall depreciation deduction for 2011 and is willing to make any necessary elections.
-Refer to the information in Table 1. What is Sanjuro Corporation's cost recovery deduction for the office equipment for 2012 assuming the necessary elections were made to maximize overall depreciation in 2011?

A) $11,000
B) $31,680
C) $78,595
D) $134,695