Drew Corporation Purchased Machinery Costing $825,000 in 2017

Drew Corporation purchased machinery costing $825,000 in 2017. Drew paid $5,000 for installation and testing of the machinery. Under a special election, Drew expensed $500,000 of the cost of the machinery in 2017. Drew also deducted depreciation on the machinery of $46,443 in 2017 and $79,593 in 2018. Drew's repair and maintenance costs on the machinery were $10,200 in 2017 and $13,300 in 2018. What is Drew Corporation's adjusted basis in the machinery at the end of 2018?

A) $175,468
B) $198,964
C) $203,964
D) $325,000
E) $698,964