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In 2018, Andes Corporation purchases $1.5 million of machinery (7-year property) and places it into service in its business. What are Andes' depreciation deductions for

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In 2018, Andes Corporation purchases $1.5 million of machinery (7-year property) and places it into service in its business. What are Andes' depreciation deductions for 2018 and 2019 in each of the following situations? Assume the half-year convention applies and this is the only property Andes places into ser- vice in 2018. a. Andes does not elect Sec. 179 expensing and elects out of bonus depreciation. b. Andes elects Sec. 179 expensing for the assets and does not elect out of bonus depreciation. c. Andes does not elect Sec. 179 expensing and does not elect out of bonus depreciation

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