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Sophie owns an unincorporated manufacturing business. In 2019, she purchases and places in service $2,557,000 of qualifying five-year equipment for use in her business. Her

Sophie owns an unincorporated manufacturing business. In 2019, she purchases and places in service $2,557,000 of qualifying five-year equipment for use in her business. Her taxable income from the business before any Sec. 179 deduction is $940,000. Sophie elects to expense the maximum under Sec. 179 and does not apply bonus depreciation. What is Sophies maximum total cost recovery deduction for 2019, assuming that she elects to depreciate any basis that is not eligible for expensing?

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