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Rex's Wrecks purchased $ 1,251,000 in new equipment during 2023. Rex wants to use Section 179 to expense the maximum amount o using bonus depreciation,

Rex's Wrecks purchased $ 1,251,000 in new equipment during 2023. Rex wants to use Section 179 to expense the maximum amount o using bonus depreciation, how much will Rex get to expense under Section 179 and what will be the adjusted basis of the assets for depreciation expense? Section 179-$1,251,000adjusted basis subject to MACRS Section 179-$1,160,000adjusted basis subject to MACRS-$11,000 Section 179-$11,000adjusted basis subject to MACRS-$1,160,000 Section 179- \$1.000.000 adjusted basis subject to MACRS-$251,000

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