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Q15 (MACRS Special Rules for Personalty) Daniel owns a tax consulting service company (WaxOnWaxOffTax) as a sole proprietorship. In 2016, Daniels business taxable income is

Q15 (MACRS Special Rules for Personalty) Daniel owns a tax consulting service company (WaxOnWaxOffTax) as a sole proprietorship. In 2016, Daniels business taxable income is $300,000 before considering any 179 deduction, and Daniel purchases and places a business truck (a 5-year class property) in service for $1,800,000 on May 23rd, 2016. If Daniel chooses 1) 179 deduction option 2) 50% additional first-year depreciation deduction option, and 3) declining balance (DB) cost recovery method, what is Daniels cost recovery deduction for 2016?

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