Xavier bought furniture and fixtures (7-year property) on September 15, 2015 for $505,000. He elects to expense as much as possible under Section 179 but does not elect the 50% bonus. Xavier's earned income for the year is $500,000. What is the maximum deduction Xavier can take in 2015 for the equipment? (Round answers to the nearest dollar)

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The Answer of Xavier bought furniture and fixtures (7-year property) on September 15, 2015 for $505,000. He elects to expense as much as possible under Section 179 but does not elect the 50% bonus. Xavier's earned income for the year is $500,000. What is the maximum deduction Xavier can take in 2015 for the equipment? (Round answers to the nearest dollar)

Xavier Bought Furniture and Fixtures (7-Year Property) on September 15