On July 17,2017,Elise Purchases Office Furniture (7-Year Property)costing $50,000 for Use

On July 17,2017,Elise purchases office furniture (7-year property) costing $50,000 for use in her business.She wishes to use the Section 179 election.Her taxable income before the depreciation deduction is $25,000.What is the maximum total cost recovery deduction Elise can take for the current year?

A) $7,145
B) $24,287
C) $23,573
D) $28,573
E) $29,462