Betsy acquired a new network system on June 5, 2019 (5-year class property for $60,000. She expects taxable income from the business will always be about $170,000 without regard to the 5179 election Betsy will elect 5179 expensing. She also acquired 7-year property in July 2019 for $340,000. (Use Table 6A-1) Required: Determine Betsy's maximum cost recovery deduction with respect to her purchases in 2019: Betsy's maximum cost recovery deduction $ 303.4447 Betsy acquired a new network system on June 5, 2019 (5-year class property for $60,000. She expects taxable income from the business will always be about $170,000 without regard to the 5179 election Betsy will elect 5179 expensing. She also acquired 7-year property in July 2019 for $340,000. (Use Table 6A-1) Required: Determine Betsy's maximum cost recovery deduction with respect to her purchases in 2019: Betsy's maximum cost recovery deduction $ 303.4447