d. $4,20 o 19. On May 26, 2016, Jamal purchased machinery for $30,000 to be used in his business. He did not elect to expense the equipment under $179 or the bonus. On October 10, 2020, he sells the machinery to a scrap metal dealer. What is his cost recovery deduction for 2020 rounded to the nearest dollar? A) $0. B) $1,340. C) $2,679. D) $4,287. E) None of the above. 20. Patricia, a professional gambler, had the following income and expenses in her business: Gambling winnings S 275,000 Expenses Fees paid for illegal information 28.000 Travel costs S 8,000 Office expenses 5,000 Supplies 3,000 Business long-distance phone charges 900 Tickets for illegal parking 1,000 How much net income must Patricia report from this business? A) $258,100. B) $229,100. C) $240,000. D) $257,100. 21. Della purchased a warehouse on February 25, 2020, for $450,000. $45,000 of the price was for the land. What is her cost recovery deduction for 2020 rounded to the nearest dollar? A) $14,319. B) $6,853. C) $9,100. D) $12,887. E) None of the above. 22. Byron took a business trip from Philadelphia to San Diego. He was away 9 days of which he spent 5 days on business (includes his two travel days) and 4 days vacationing. His expenses are as follows: Airfare $1,100 Lodging (9 days * $140) 1,260 Meals (9 days $115) 1,035 Byron's total travel (including meals and lodging) expense deduction rounded to the nearest dollar is: A) $2,088. B) $2,878. C) $3,395