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Johnson Company acquires a new machine (seven year property) on January 10,20222, at a cost of $3,200,000. Johnson elects not to take bonus depreciation but

Johnson Company acquires a new machine (seven year property) on January 10,20222, at a cost of $3,200,000. Johnson elects not to take bonus depreciation but does male the election to expense the maximum amount under 179. No election is made to use the straight-ine method. Determine the total cost recovery deductions (rounded. related to the machine for 2022 assuming Johnson has taxable income of $4.000,000. O $954398 $651,450 O $860.117 O $3,200.000 None of the above

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