30. White Company acquires a new machine (seven-year property) on January 10, 2021, at a cost of $620,000. White makes the election to expense the maximum amount under $179 and wants to take any additional first-year depreciation allowed. No election is made to use the straight-line method. Determine the total deductions in calculating taxable income related to the machine for 2021 assuming White has taxable income of $800,000. a. $620,000 b. $301,159 c. $568,574 d. $88,598 e. None of these choices are correct. 31. In 2020, Gail had a $179 deduction carryover of $30,000. In 2021, she elected $179 for an asset acquired at a cost of $115,000. Gail's $179 business income limitation for 2021 is $140,000. Determine Gail's 179 deduction for 2021. a. $115,000 b. $25,000 c. $140,000 d. $130,000 e. None of these choices are correct.