Michael is the sole proprietor of a small business. In June 2020, his business income is $8,300 before consideration of any 5179 deduction. He spends $215,500 on furniture and equipment in 2020. If Michael elects to take the $179 deduction and no bonus on a conference table that cost $21,700 (included in the $215,500 total). (Use Table 6A-1 and Table 6A-2) Required: Determine the maximum cost recovery for 2020 with respect to the conference table: (Round your intermediate calculations to the nearest whole dollar amount.) Maximum cost recovery ty 29 MacBook Air