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Baker, Inc., purchases office furniture (7-year MACRS property) costing $1,011,000 and a computer system (5-year MACRS property) costing $1,011,000 in 2018. Assume that Baker elects

Baker, Inc., purchases office furniture (7-year MACRS property) costing $1,011,000 and a computer system (5-year MACRS property) costing $1,011,000 in 2018.

Assume that Baker elects not to claim bonus depreciation.

Refer to the MACRS Depreciation Table to answer the following question.

Hint: Maximize the Section 179 election effect.

Note: Round all values to the nearest whole dollar.

The maximum cost-recovery deduction in 2018 is $

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