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I need the correct answers for these two questions. Thank you QUESTION 12 Augie purchased one new asset during the year (five- year property) on

I need the correct answers for these two questions. Thank you image text in transcribed
QUESTION 12 Augie purchased one new asset during the year (five- year property) on November 10, 2017, at a cost of $660,000. She would like to use the 179 election and will also take additional first-year depreciation. The income from the business before the cost recovery deduction and the $ 179 deduction was $600,000. Determine the total cost recovery deduction with respect to the asset for 2017 0 a $30,500 b.$320,250o C. S51 0,000 O d $588,750 e None of the above QUESTION 13 Mary purchased a new five-year class asset on March 7, 2017. The asset was listed property (not an business and the rest of the time for personal use. The asset cost S900.000. Mary made the 179 election. The income from the business before the $ 179 deduction was $600,000. Mary also takes additional first-year depreciation. Determine the total deductions with respect to the asset for 2017 automobile). It was used 60% for o a. $180,000 b $378,000 Oc$528,000 d $600,000 e None of the above

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