QUESTION 1 Bonnie purchased a new business (five-year property) on March 10, 2020, at a cost of $30,000. She also purchased a new business (e-year property) on November 20, 2020, at a cost of 513,000 Bonnie did not elect to expense either of the sets under $ 179, nor did she eclect straight line cost recovery. Bonnie takes additional first-year depreciation Determine the cost recovery deduction for 2020 for these assets O $7,858 b. $9.586 O c$21.915 Od 543,000 O None of the above QUESTION 2 Cora purchased a hotel building on May 17, 2020, for 53,000,000. Dette cost recovery deduction for 2021 O a. 548.150 b.$59.520 O c. 569.000 d. 576.920 e. None of the above QUESTION During the past two years, through extensive hvertising and improved customer relations, Orange Corporation estimated that it had developed customer goodwill worth $500,000. For the current you, determine the amount of goodwill Orange Corporation may not 516,667 b. 526,667 O $33,333 O d. 5100.000 O None of the above