2. (10 points) Gavin acquires the following new five-year class property in 2020: Asset A B C Acquisition Date January 10 July 5 November 15 Cost $106,000 $70,000 $1,950,000 $2,126,000 Total Gavin elects Section 179 treatment for Asset C. His taxable income from his business would not create a limitation for purposes of the Section 179 deduction. Gavin does not claim any available additional first-year depreciation deduction. Determine his total cost recovery deduction (including the Section 179 deduction for this year. (Show your work so partial credit can be given.)