Essentials of Federal Income Taxation 8. gaston 179. (Obj, 2) Sand Corporation buys one asset hearmachinery cost 2,300,000. The machine was placed in service on June 2, 2919. Sand wants to electing maximum Section 179 possible even if some must be carried over to 2020. Sand's , the business income limitation (taxable income before Section 1/9 expense, but after all ) expenses, including depreciation) is $167,000. * Compute the maximum Section 179 Sand can elect to expense in 2019, the actual allow 2019 expense deduction, and the Section 179 carryover to 2020. D. What is the regular depreciation deduction on the machine (7-year property; half- convention) after taking into account the maximum section 1/9 deduction and assum ; di no bonus depreciation is claimed