Han owns a landscaping business in Denver Colorado. In 2019, Han purchases two new dump trucks for his business. The trucks cost $125,000 each. He places the blue dump truck into service on June 1, 2019. He placed the red dump truck into service on October 9, 2019. Han would like to limit any 179 deductions for the year to a single amount of $50,000 in total. He would like to allocate ALL of his elected 179 deduction completely to the red truck. The trucks are the only assets Han placed in service during the year. In addition, Han has active income in the amount of $1,000,000. What are the tax consequences for Han?