TABLE $6$A$-1$ General Depreciation System: $200\%$ or $150\%$ Declining Balance Switching to Straight$-$Line$*$

May not be used for farm business property generally placed in service after $1988.$ See Table $14,$ Rev. Proc. $87-57,1987-2$ CB

Lars acquired a new network system on June $5,2023($five$-$year class property$),$ for $$75,000.$ She expects taxable income from the business will always be about $$175,000$ without regard to the $179$ election. Lars will elect $179$ expensing. She also acquired seven$-$year property in July $2023$ for $$350,000.($Use Table $6$A$-1)$