For this exercise, assume that NO additional first-year depreciation is taken. Roger started a new business in 2019 and purchases 3 year class property on February 14, 2019 in the amount of $120,000. On July 15, 2019, Roger purchases five year class property in the amount of $185,000. On December 15, 2019, Roger purchases $2,450,000 of 7 year class property. Assume Roger has $5,000,000 of net business income before consideration of any $179 deduction. Also assume that Roger does not elect straight-line depreciation. A. Assume Roger does not elect $179 treatment. Calculate Roger's cost recovery for 2019. B. Assume Roger DOES elect $179 treatment. Calculate Roger's cost recovery for 2019. C. Assuming a marginal tax rate of 37%, determine the tax benefit from electing $179 D. Read the actual IRC section 179. Print ONLY the small part that discusses estates and trusts. Does $179 apply to estates and trusts