Sophie owns an unincorporated manufacturing business.In 2017,she purchases and places in service $2,037,000 of qualifying five-year equipment for use in her business.The equipment does not qualify for bonus depreciation.Her taxable income from the business before any Sec.179 deduction is $450,000.Sophie elects to expense the maximum under Sec.179.What is Sophie's maximum total cost recovery deduction for 2017?
A) $407,400
B) $450,000
C) $756,800
D) $809,800
Correct Answer:
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