QUESTIONS During March of the current year, Monica purchased new 7-year property with a cost of $50,000 Monica clects to use Section 179 to expense $20,000 of the cost. This purchase is her only asset purchase of the year. What is the amount of her depreciation deduction not including the Section 179 portion? 1. 57.500 . 54,287 DC517,144 d. 512.500 18.750