1. Sid bought a new $1,500,000 seven-year class asset on August 2, 2021. On December 2, 2021, he purchased $900,000 of used five-year class assets. If Sid elects Sec. 179 and does not take additional first-year depreciation, what is the maximum cost recovery deduction for these purchases for 2021? (Note: Sid may choose to apply the Sec. 179 election to either or both assets in whatever proportion he chooses, and there may be some optimal allocation).