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Rustin bought 7-year class property on May 15, 2016, for $731,000; this is the only asset purchased during the year. Rustin elects to lake the

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Rustin bought 7-year class property on May 15, 2016, for $731,000; this is the only asset purchased during the year. Rustin elects to lake the maximum 179 deduction. Rustin's taxable income would not create a limitation for purposes of the 179 deduction. Rustin does not take additional first-year depreciation. Determine the write-off Rustin can take in 2016

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