Norm Nomad purchased a new sports utility vehicle (SUV) on October 12, 2018, for $60,000. The SUV has a gross vehicle weight of 6,200 lbs. It is used 100% of the time for business and it is the only business asset acquired by Norm Nomad during 2018. Compute the maximum deduction with respect to the SUV for 2018, assuming Norm does not take additional first-year depreciation (if available).

a. $ 60,000

b. $ 31,750

c. $ 26,750

d. $ 1,750

e. None of the above