In 2019, Han purchases 2 new dump trucks for his business. The trucks cost 125,000 each. Blue is placed into service on June 1, 2019, and Red truck on October 9, 2019. Hans wants to limit any code section 179 deductions for the year to a single amount of 50,000 in total and split deduction evenly between the 2 trucks. Hans income is 1 Million dollars.

1. Hans initial basis for blue truck is _____ and red truck is ______. Depreciable basis for blue truck is ____ and for red truck is ____.
2. 50% of the property was placed in service in the last quarter of the year, Hans will use the ______ quarter convention.
3. Hans depreciation deduction for the blue truck in 2019 is _______ and for the red truck is ____. Total Cost Recovery 2019 is _____ *Use MACRS 2019
4. Hans adjusted basis for the blue truck is ________ at the end of the year and for the red truck at the end of the year is _______
5. Han may be able to use Section 179 deduction to avoid the mid-quarter conveniton and increase his depreciation deduction by: _______