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Melissa acquires and places in service business equipment (a 5-year class asset) on Arpil 1, 2021, at a cost of $1,080,000. It is the only

Melissa acquires and places in service business equipment (a 5-year class asset) on Arpil 1, 2021, at a cost of $1,080,000. It is the only asset she places in service in 2021. Under 179, she elects to deduct $1,050,000 of the asset's cost in 2021 and elects not to take additional first-year depreciation. Determine the cost recovery for 2021

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