Betsy acquired a new network system on June 5, 2020 (five-year class property), for $62,000. She expects taxable income from the business will always be about $180,000 without regard to the $179 election. Betsy will elect $179 expensing. She also acquired seven-year property in July 2020 for $360,000. (Use Table 6A-1) Required: Determine Betsy's maximum cost recovery deduction with respect to her purchases in 2020: Betsy's maximum cost recovery deduction