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Ned purchased machinery (7-year property) in 2017 for $100,000. Sec. 179 is not elected and he elected out of bonus depreciation. He sells the property

Ned purchased machinery (7-year property) in 2017 for $100,000. Sec. 179 is not elected and he elected out of bonus depreciation. He sells the property in 2019. What is the depreciation deduction for 2019?

1. $17,490

2. $ 8,745

3. $ 0

4. None of the answers provided is correct.

5. $ 7,145

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