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Dong purchased one new asset during the year ( 5 year property ) on November 15, 2017, at a cost of $1,000,000. She made the

Dong purchased one new asset during the year ( 5 year property ) on November 15, 2017, at a cost of $1,000,000. She made the section 179 election. He elected not to use the additional first year deprecition. The income from the business before the section 179 deduction was $775000. Determine the total deductions with respect to the asset for 2017.

a. 255000

b. 98000

c. 490000

d. 534000

e. some other amount________

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