Chocolat Candy Manufacturing: (Maximize the cost recovery using Section 179 Expensing Election, Bonus, and MACRS) (item 7) Assume 2021 Year and Chocolat earned $500,000 in 2021. ****I am a little confused on how to maximize cost recovery using all three methods?****
Asset Description	Date Placed in Service	Cost	179 Expensing	Bonus Depreciation	MACRS	Adjusted Basis			Comments (limitations, assumptions, etc.)
Building	4/1/2021	$ 950,000							20 yrs or less
Manufacturing	6/5/2021	1,900,000
Build-out Interior	10/10/2021	250,000							Eligible because part of research facility(candy making lessons)
Displays, Molds	11/2/2021	455,000
Office Furniture	12/1/2021	60,000
Delivery Van	12/15/2021	45,000