In general, S&P's owners (it is a "C" corporation) want to maximize first-year tax depreciation and related deductions. In this context, they also hope to avoid keeping annual depreciation records, if possible. However, upon advice of their financial and legal advisers,related to certain regulatory issues (beyond our scope here), S&P will only consider claiming "bonus depreciation" for software acquisitions, if such a bonus allowance is otherwise available

Date Recovery GDS 5 Description Acquired Cost Period Convention Method 6 Executive Vehicle (Audi A8) 5/6/2019 $ 92,004 Meat Slicers & Related Food Service (Used Eqpt.) 2/24/2019 323,064 8 Walk-in Cooler & Related 6/20/2019 368,651 9 Furniture & Fixtures 7/26/2019 122,200 7 HY DDB 10 Computers & Peripherals 1/16/2019 48,238 5 HY DDB 11 Canned software - business applications 9/25/2019 34,500 Delivery/Cargo Trucks (3 - each GVW 12 9,500 lbs) 11/11/2019 173,700 13 Building Improvements - Expansion Costs 10/12/2019 526,296 14 15 Totals $ 1,688,653 16 Total Personal Property (after any $179) 17 Total Personal Property 4th Quarter (after any $179) 18 Fourth Quarter RatioGDS $179 Expense| Remaining Remaining Recovery Recovery Luxury Auto | Total Allowable Amount Basis Bonus Rate |Bonus Deprn. Basis % Deduction MACRS Cap Deductions 92,004 92,004 323,064 323,064 368,651 368,651 122,200 n/a n/a n/a 122,200 48,238 n/a n/a n/a 48,238 34,500 34,500 173,700 173,700 526,296 526,296 $ 170,438 $1,518,215 $ $ 1,518,215 $ - $ 170,438