BOBBY MADE A SIGNIFICANT INVESTMENT IN A NEW PIECE OF INDUSTRIAL EQUIPMENT (7-YEAR PROPERTY) DURING THE YEAR THE CAPITALIZED COST OF THE EQUIPMENT WAS $2.85 MILLION. HE DID NOT PLACE ANY OTHER ASSETS INTO SERVICE DURING THE YEAR HIS BUSINESS INCOME BEFORE ANY $ 179 DEPRECIATION WAS $2 MILLION, ASSUMING THE HALF-YEAR CONVENTION APPLIES, WHAT WOULD HIS DEPRECIATION DEDUCTION USING ONLY SEC 179 (INCLUDE ANY ADDITIONAL MACRS DEPRECIATION, IF APPLICABLE)? WHAT WOULD BE HIS DEPRECIATION DEDUCTION USING ONLY FIRST-YEAR BONUS DEPRECIATION? [USE THE TABLES PROVIDED IN BLACKBOARD] 51.110,087 Sec. 179; 52,850,000 first-year bonus o $1,307,220 Sec. 179; 52.442,735 first-year bonus 51,050,000 Sec. 179; $2,850,000 first-year bonus $820,000 Sec. 179; 2,850,000 first-year bonus