Steed and Peel, Ltd is a new concept upscale deli in the North Carefree area. In its first tax year (calendar 2018), S&P netted $955,000 in taxable profit - it expects to clear well over $1,385,000 in 2019 (both figures are before any recovery deductions). In general, S&Ps owners (it is a C corporation) want to maximize first-year tax depreciation and related deductions. In this context, they also hope to avoid keeping annual depreciation records, if possible. However, upon advice of their financial and legal advisors, related to certain regulatory issues (beyond our scope here), S&P will only consider claiming bonus depreciation for software acquisitions, if such a bonus allowance is otherwise available. Given the foregoing, your task is to determine how best to achieve S&Ps overall goals relative to depreciation and related deductions.

Description	Date Acquired	Cost	179 Expense Amount	Remaining Basis	Bonus Rate	Bonus Deprn.
Executive Vehicle (Audi A8)	5/6/2019	$92,004		92,004
Meat Slicers & Related Food Service (Used Eqpt.)	2/24/2019	323,064		323,064
Walk-in Cooler & Related	6/20/2019	368,651		368,651
Furniture & Fixtures	7/26/2019	122,200	122,200	-	n/a	-
Computers & Peripherals	1/16/2019	48,238	48,238	-	n/a	-
Canned software - business applications	9/25/2019	34500		34,500
Delivery/Cargo Trucks (3 - each GVW 9,500 lbs.)	11/11/2019	173,700		173,700
Building Improvements - Expansion Costs	10/12/2019	526,296		526,296
Total		1,688,653	$ 170,438	$ 1,518,215