On June 2, 2015, Lokar Corporation purchases a patent for $68,000 from the inventor of a new extrusion process. The patent has 12 years remaining on its legal life. Also, Lokar purchases substantially all the assets of the Barrios Corporation for $750,000 on September 8, 2015. The values of the assets listed in the purchase agreement arc as follows:

Inventory............................................$250,000

Manufacturing equipment........................ 118,000

Patent on compression process................... 105,000

Goodwill............................................. 95,000

Determine the maximum 2015 cost-recovery deductions for the assets purchased.