Hyaa Inc. acquires and places in service a used

copier on November 1, 2020 at a cost of

$583,000. It does not purchase or place into

service any other assets during the year.

The corporation does not elect IRC Section 179

for any of its assets.

The corporation has taxable income, before any

IRC Sect. 179 deduction, of $2.9 million for the

year.

What is the total amount of cost recovery

deductions that the corporation can take on

the copier for 2020?________ 2021?