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Bonnie purchased a new business asset (5 year property) on March 10,2017, at a cost of $20000. She also purchased a new business asset (7
Bonnie purchased a new business asset (5 year property) on March 10,2017, at a cost of $20000. She also purchased a new business asset (7 years property) on November 20,2017 at a cost of $100000. Bonnie did not elect to expense either of the assets under 179 election. Bonnie chose not to use additional first year depreciation. Determine the total cost recovery deduction for 2017 for these assets.
a. $15000
b. $10570
c. $65,285
d. $17148
e. some other amount______________
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