Sue purchased a new 5-year class asset on March 7, 2016. The asset was listed property (not an automobile). It was used 60% for business and 40% persoal. The asset cost $900,000. Susan elected to expense the asset under section 179 and take additional first-year depreciation (if available). The income for Sue's business before the section 179 deduction was $600,000. What are the total deductions for this asset in 2016?

Mike purchased a new 5-year class business asset on September 30, 2016, at a cost of $100,000. On Ocober 4, 2016 Mike placed the asset in service. This was the only asset Mike placed in service in 2016. Mike did not elect Section 179 or additional first-year depreciation, if available. On August 20th of 2017, Mike sold the asset. What is the cost recovery amount for 2017 for this asset?