During 2016, Schottenheim Corporation buys laptop computers and desktop computers to use in its general sales offices. Schottenheim buys laptops for $42,000 on March 29, additional laptops for $18,000 on September 26, and the desktop computers for $510,000 on October 5. The corporation makes no other capital expenditures this year.

Identify the tax issue(s) posed by the facts presented. Determine the possible tax consequences of each issue that you identify.