On June 15, 2018, Chang purchases $2,537,000 of equipment (7-year property) for use in her business. It is her only purchase of business property in 2018. Chang has taxable income from her business of $2,500,000 before any cost recovery. Click here to access depreciation Table 8-2. a. Assuming Chang does not elect Section 179 and elects out of bonus depreciation, what is her total 2018 cost recovery? $ b. Assuming Chang elects the maximum Section 179 deduction allowable and elects out of bonus depreciation, what is her total 2018 cost recovery? c. Assuming Chang elects the maximum Section 179 deduction allowable and does not elect out of bonus depreciation, what is her total cost recovery? $ d. Assuming Chang does not elect Section 179 deduction allowable and does not elect out of bonus depreciation, what is her total cost recovery? On June 15, 2018, Chang purchases $2,537,000 of equipment (7-year property) for use in her business. It is her only purchase of business property in 2018. Chang has taxable income from her business of $2,500,000 before any cost recovery. Click here to access depreciation Table 8-2. a. Assuming Chang does not elect Section 179 and elects out of bonus depreciation, what is her total 2018 cost recovery? $ b. Assuming Chang elects the maximum Section 179 deduction allowable and elects out of bonus depreciation, what is her total 2018 cost recovery? c. Assuming Chang elects the maximum Section 179 deduction allowable and does not elect out of bonus depreciation, what is her total cost recovery? $ d. Assuming Chang does not elect Section 179 deduction allowable and does not elect out of bonus depreciation, what is her total cost recovery