The Reed CPA Firm Places the Following Property in Service

The Reed CPA Firm places the following property in service during the 2013 tax year:
$\begin{array}{llll}\text { Froperty }&\text { Placed in }\\\underline{\text { Description }}& \underline{\text { Service }} &\underline{\text { MACRS Life }}&\underline{\text { Cost B asis }} \\\text { Computers } & \text { Feb 6 } & 5 \text { years } & \$ 40,000 \\\text { Office furniture } & \text { June } 24 & 7 \text { years } & \$ 80,000 \\\text { Switchboard system } & \text { Nov 3 } & 5 \text { years } & \$ 130,000\\\end{array}$
Reed wants to obtain the maximum possible depreciation deduction for these property acquisitions including full utilization of the election to expense property under Section 179.Reed does not elect out of bonus depreciation.Reed will report 2013 taxable income in the amount of $100,000 before consideration of depreciation on their 2013 property acquisitions.What is Reed' maximum depreciation from these additions?

A) $119,500
B) $125,432
C) $126,932
D) $130,000
E) $175,000