5). Martin is a sole proprietor of a sandwich business. On March 4, 2019, Martin purchased and placed in service new seven-year class assets costing $580,000. Martin's business reports taxable income for the year, before any deductions associated with the purchased assets, of $160,000. Martin also received $30,000 of interest income for the year, which is not related to the business. Martin wants to pay the least amount of taxes possible this year. With this objective in mind, determine how Martin should recover the cost of the acquired assets