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On June 30,2017,Temika Purchased Office Furniture (7-Year Property)costing $400,000 and Computers

Question 66

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On June 30,2017,Temika purchased office furniture (7-year property)costing $400,000 and computers (5-year property)with a cost of $250,000.She uses Sec.179,but the assets do not qualify for bonus depreciation.Her business income is $790,000 without considering Sec.179.How should she allocate the Sec.179 election in order to maximize her total cost recovery deductions (depreciation and Sec.179)for 2017 ?

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