Martin is a sole proprietor of a sandwichbusiness. On March 4, 2015, Martin purchased and placed in service new seven-year class assets costing $560,000. Martin's businessreports taxableincome for the year, before any deductions associated with the purchased assets, of $160,000. Martin alsoreceived $30,000 of interest income for the year, which is not related to the business. Martin wants his adjusted gross income for the year to be as low as possible. With this objective in mind, determine how Martin should recover the cost of the acquired assets.Martin is a sole proprietor of a sandwichbusiness. On March 4, 2015, Martin purchased and placed in service new seven-year class assets costing $560,000. Martin's businessreports taxableincome for the year, before any deductions associated with the purchased assets, of $160,000. Martin alsoreceived $30,000 of interest income for the year, which is not related to the business. Martin wants his adjusted gross income for the year to be as low as possible. With this objective in mind, determine how Martin should recover the cost of the acquired assets.