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An asset (not an automobile) put in service in June 2022 has a depreciable basis of $1,095,000, has a recovery period of 5 years the

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An asset (not an automobile) put in service in June 2022 has a depreciable basis of $1,095,000, has a recovery period of 5 years the only asset placed in service during the year. Assuming bonus depreciation is used, a half-year convention, and the expensing election is made, what is the maximum amount of cost that can be deducted in 2022 (assume no Income limitation)? a. $211,000 b. $1,080,000 c. $500,000 d. $1,095,000

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