Betsy acquired a new network system on 6/5/2019 (5 year class property) for $50,000. She expects taxable income from the business will always be about $120,000 without regard to the S179 election. Betsy will elect S179 expensing. She also acquired a 7 year property in July 2019 for $240,000. Use table 6A-1 Determine Betsy's maximum cost recovery deduction with respect to her purchases in 2019.

TABLE 6A-1 General Depreciation System: 200% or 150% Declining Balance Switching to Straight-Line Recovery Year 20-Year 3-Year 33.33 44.45 14.81 7.41 Half-Year Convention 5-Year 7-Year 20.00 14.29 32.00 24.49 19.20 17.49 11.52 12.49 11.52 8.93 5.76 8.92 8.93 4.46 3GBNO VOLAWN- 10-Year 10.00 18.00 14.40 11.52 9.22 7.37 6.55 6.55 6.56 6.55 3.28 15-Year 5.00 9.50 8.55 7.70 6.93 6.23 5.90 5.90 5.91 5.90 5.91 5.90 5.91 5.90 3.750 7.219 6.677 6.177 5.713 5.285 4.888 4.522 4.462 4.461 4.462 4.461 4.462 4.461 4.462 4.461 4.462 4.461 4.462 4.461 5.91 2.95 2.231 . May not be used for farm business property merally placed in service after 1958. See Table 14. Rev. Proc. 87.57.1987-2 CB 687 02