Assume Rabbit Corporation (calendar year end) has 2021 taxable income of $500,000 for purposes of computing the $179 expense. During 2021, Rabbit acquired the following assets: Asset Machinery Placed in Service Basis August 12 $2,150,000 Computer Equipment February 10 365,000 Office Furniture April 2 480,000 Determine Rabbit's maximum cost recovery under the following situations: (a) Rabbit opts out of bonus depreciation but elects 179 Total Maximum Cost Recovery for 2021 (b) Rabbit does NOT opt out of bonus depreciation. Total Maximum Cost Recovery for 2021