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Norwell Company purchased $1,513,800 of new business equipment on July 10, 2017. This was Norwell's only asset purchase for its 2017 taxable year. Compute Norwell's

Norwell Company purchased $1,513,800 of new business equipment on July 10, 2017. This was Norwell's only asset purchase for its 2017 taxable year. Compute Norwell's total tax depreciation deduction for this 7-year recovery property. Assume no income limitation for Section 179 applies.

$201,946

$1,083,622

$1,191,782

$1,021,848

which one?

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