I:10-24 Woburn Corporation uses the calendar year as its tax year. Woburn purchases and places into service $1.7 million of depreciable property during 2022:

Cost Recovery Period January 20 $800,000 7 years August 2 $300,000 7 years November 15 $600,000 5 years You are working in Woburn’s tax department and are trying to decide how to make the Sec. 179 election so as to maximize Woburn’s 2022 depreciation deduction. What tax issues should you consider for this decision?