Chester, Inc. purchased and placed in service the following items in 2020:

ApartmentBuildingIn-service10/15$1,500,000

OfficeFurnitureIn-service6/30$20,000

PrinterIn-service11/25$3000

ParkingLotIn-service7/25$55,000

Chester's taxable income before any depreciation expense (including bonus and179) is $60,000. What is the maximum depreciation expense Chester, Inc. can take, including accelerated depreciation?

a.

$37,120

b.

$89,370

c.

$60,000

d.

None of these

e.

$17,153