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Betsy acquired a new network system on June 5, 2017 (5- year class property), for $51,000. She expects taxable income from the siness will always
Betsy acquired a new network system on June 5, 2017 (5- year class property), for $51,000. She expects taxable income from the siness will always be about $125,000 without regard to the $179 election. Betsy will elect 8179 expensing. She olso acquired 7-year property in July 2017 for $250,000. Determine Betsy's maximum cost recovery deduction with respect to her purchases in Table 6A-1) (Round your intermediate calculations to the nearest whole dollar amount.)
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