Michael is the sole proprietor of a small business. In June 2021 , his business income is $9,700 before consideration of any 179 deduction. He spends $264,500 on furniture and equipment in 2021. If Michael elects to take the $179 deduction and no bonus on a conference table that cost $24,500 (included in the $264,500 total). (Use and Table 6A2 ) Required: Determine the maximum cost recovery for 2021 with respect to the conference table. Note: Round your intermediate calculations to the nearest whole dollar amount