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Dain's Diamond Bit Drilling purchased the following assets this year.

Asset	Purchase Date	Original Basis
Drill bits (5-year)	January 25	$ 90,000
Drill bits (5-year)	July 25	95,000
Commercial building	April 22	220,000

Assume its taxable income for the year was $53,000 for purposes of computing the 179 expense (assume no bonus depreciation). (Use MACRS Table 1, Table 2, Table 3, Table 4, and Table 5.)

Note: Leave no answer blank. Enter zero if applicable.

d. If the January drill bits' original basis was $4,275,000, what is the maximum amount of 179 expense Dain's may deduct for the year?