In April 2022, Lenape Corporation completed security, fire, and heating system improvements to existing nonresidential real property with a total cost of $1,285,000. Assuming these improvements are 39-year recovery property and qualify for the Section 179 deduction. Use Table 7-4.

Note: Round your intermediate calculations to the nearest whole dollar amount. Enter the MACRS percentage in decimals. (i.e.12.34 should be entered as 0.1234).

Required:

Calculate Lenapes total cost recovery on the improvements for 2022.

Total cost of qualifying improvements	$1,285,000
Section 179 election/2022 dollar amount	?
Tax basis recoverable through MACRS	$285,000
First-year MACRS percentage	0.01819
First-year MACRS depreciation	$5,184
Total cost recovery	?