1) Large Corporation acquired and placed in service the following 100% business-use alerts. Large did not elect Sec. 179 expensing on any of these properties, and elected out of bonus depreciation for all of them.

1. Truck (light-duty, modified non-personal use) costing $36,000: Placed in service on March 3, 2013 with a 5-year MACRS recovery period.
2. Machinery costing $85,000: Placed in service on November 15, 2013 with a 7-year MACRS recovery period.
3. Land costing $90,000: Placed in service on October 12, 2013.
4. Building costing $280,000: Placed in service on December 4, 2013 with a 39-year MACRS recovery period.

a) a) What is Large