DEF Company, a calendar year corporation, purchased computers for $1,000,000 on August 3 of the current year that have a 5-year recovery period. This was DEF's only purchase of depreciable property for the year. Assuming DEF has taxable income of $100,000, compute DEF's adjusted tax basis assuming MACRS depreciation without the Section 179 deduction or bonus depreciation.

Group of answer choices

$387,800

$480,000

$520,000

$612,200