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White Company Acquires a New Machine (Seven-Year Property) on January

Question 76

Multiple Choice

White Company acquires a new machine (seven-year property) on January 10,2015,at a cost of $600,000.White makes the election to expense the maximum amount under § 179.No election is made to use the straight-line method.White does take additional first-year depreciation.Determine the total deductions in calculating taxable income related to the machine for 2015 assuming White has taxable income of $800,000.


A) $71,593
B) $128,610
C) $385,296
D) $390,868
E) None of the above

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