Giant Engineering Ltd is a large mining company with a turnover for the year ended 30 June 2023 of $8.6 billion.

On 18 November 2022, the company purchased the following assets for exclusive use in their mining business:

AssetCostTax Effective LifeComputer software$9405 yearsMotor vehicle$98,0008 yearsHeavy mining equipment$1,580,00015 years

The company has elected to self-assess the effective life of its depreciating assets for taxation purposes (as outlined in the table above) and therefore does not want to use the Commissioner's effective lives as published in Taxation Ruling TR 2021/3.

Assuming that Titan Enterprises Ltd wishes to maximise its depreciation deduction, what amount can the company claim under Division 40 of the ITAA (1997) in relation to the 264 days from 10 October 2021 to 30 June 2022?

Group of answer choices

$139,957

$140,016

$145,198

$140,073