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In 2 0 2 3 , Company XYZ has net taxable income of $ 5 0 , 0 0 0 before taking the Section 1

In 2023, Company XYZ has net taxable income of $50,000 before taking the Section 179 deduction into account. During the year the company purchased $60,000 worth of eligible Section 179 property. Company XYZ can claim a Section 179 deduction for what amount? A. $0 B. $10,000 C. $50,000 D. $60,000

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