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9. Calendar year Corp. A purchases and places in service only two items of tangible personal property during 2020 a machine (7 yr.) costing $10,000,

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9. Calendar year Corp. A purchases and places in service only two items of tangible personal property during 2020 a machine (7 yr.) costing $10,000, purchased and placed in service on May 11, and a machine ( 7yr ) costing $40,000, purchased and placed in service on November 28 . Assume that Corp. A opts not to take any Code Section 179 deduction. What total 2020 depreciation deduction amount (for both machines) will Corp. A claim for the year? A.B.C.D.$7,1507,1403,2103,780 E. None of the above Do not assume that a taxpayer makes an IRC 179 election or uses bonus depreciation unless a problem so states

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