3. Orange Corporation acquired new office furniture on August 15, 2021, for $2,700,000. Orange elects immediate expensing under 179. Orange does not claim any available additional first- year depreciation. Orange's taxable income is 1,000,000. Determine Orange's cost recovery for 2021. | 4. On May 5, 2021, Christy purchased and placed in service a hotel. The hotel cost $10.8 million. Calculate Christy's cost recovery deductions for 2021 and for 2024. 5. On October 15, 2021, Jon purchased and placed in service a used car. The purchase price was $50,000. This was the only business use asset Jon acquired in 2021. He used the car 80% of the time for business and 20% for personal use. Jon used the MACRS statutory percentage method. Calculate the total deduction Jon may take for 2021with respect to the car. (ignore 179 and bonus)