Falcon, Inc. has the following assets in service at the end of 2018:

Asset	Cost	Recovery Period	Date placed in service
Building	1,000,000	Commercial RE	March 2015
Land	200,000	Commercial RE	March 2015
Furniture and Fixtures	15,000	7	June 2015
Manufacturing Equipment	80,000	7	April 2016
Manufacturing Equipment	219,000	7	January 2018
Transportation Equipment	795,000	5	August 2018
Office Equipment	70,000	7	December 2018

In 2018 Falcon has taxable income of $10,000,000.

Falcon did not utilize a 179 deduction or bonus depreciation prior to 2018. They would like to take the 179 deduction this year.

All assets purchased in 2018 are brand new.

2a: Calculate the most beneficial cost recovery for Falcon, Inc. for 2018. Please note that you completed this problem under 2017 tax law during Chapter 10 in-class problems.

2b: If the transportation equipment was instead purchased for $2,100,000, what would be the most beneficial cost recovery for 2018?