BriarHill Inc. purchased four items of tangible personalty in 2016 at a total cost of $2,579,000. BriarHill cannot elect to expense any of the cost of the property under Section 179.

Question

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Section 179 allows businesses to expense the cost of certain tangible property in the year it was acquired instead of depreciating it over time. However, BriarHill Inc. cannot elect to expense any of the cost of the property under Section 179.