QUESTION 13 White Company acquires a new machine (seven-year property) on January 10, 2020, at a cost of $620,000. White makes the election to expense the maximum amount under $ 179, and wants to take any additional first-year depreciation allowed. No election is made to use the straight-line method. Determine the total deductions in calculating taxable income related to the machine for 2020 assuming White has taxable income of $800,000. O a. 588,598 O b.$301,159 OC. $568,574 od. $620,000 O e. None of the above