Betsy acquired a new network system on June 5, 2018 (5-year class property), for $53,000. She expects taxable income from the business will always be about $135,000 without regard to the $179 election. Betsy will elect $179 expensing. She also acquired 7-year property In July 2018 for $270,000. Determine Betsy's maximum cost recovery deduction with respect to her purchases in 2018: (Use Table 6A-1) Betsy's maximum cost recovery deduction On February 4, 2018, Jackle purchased and placed in service a car she purchased for $21,800. The car was used exclusively for her business. Compute Jackie's cost recovery deduction in 2018 assuming no $179 expense but the bonus was taken: (Use Table 6A-1 and Luxury Automobile Depreciation) Jackie's cost recovery deduction Michael is the sole proprietor of a small business. In June 2018, his business Income is $8,500 before consideration of any $179 deduction. He spends $222,500 on furniture and equipment in 2018. If Michael elects to take the $179 deduction and no bonus on a conference table that cost $22,100 (Included in the $222,500 total), determine the maximum cost recovery for 2018 with respect to the conference table: (Use Table 6A-1 and Table 6A-2(Round your Intermediate calculations to the nearest whole dollar amount.) Maximum cost recovery Betsy acquired a new network system on June 5, 2018 (5-year class property), for $53,000. She expects taxable income from the business will always be about $135,000 without regard to the $179 election. Betsy will elect $179 expensing. She also acquired 7-year property In July 2018 for $270,000. Determine Betsy's maximum cost recovery deduction with respect to her purchases in 2018: (Use Table 6A-1) Betsy's maximum cost recovery deduction On February 4, 2018, Jackle purchased and placed in service a car she purchased for $21,800. The car was used exclusively for her business. Compute Jackie's cost recovery deduction in 2018 assuming no $179 expense but the bonus was taken: (Use Table 6A-1 and Luxury Automobile Depreciation) Jackie's cost recovery deduction Michael is the sole proprietor of a small business. In June 2018, his business Income is $8,500 before consideration of any $179 deduction. He spends $222,500 on furniture and equipment in 2018. If Michael elects to take the $179 deduction and no bonus on a conference table that cost $22,100 (Included in the $222,500 total), determine the maximum cost recovery for 2018 with respect to the conference table: (Use Table 6A-1 and Table 6A-2(Round your Intermediate calculations to the nearest whole dollar amount.) Maximum cost recovery