Augie purchased one new asset during the year (five-year property) on November 10, 2015, at a cost of $650,000. She would like to use the Section 179 election and will also take firt-year depreciation, if available. THe income from the business before the cost recovery deduction and the Section 179 deduction was $600,000. Determine the total cost recovery deduction with respect to the asset for 2015.

A 22,500

B 154,550

C 500,000

D 600,700

E None of the Above

---Please show steps on how to calculate.