The following chart shows the cost recovery deductions for a commercial property that was purchased for $$1,000,000$ with acquisition costs of $$50,000.$

Non$-$residential Property Cost Recovery Deductions

Improvement Value

Cost Recovery $\%$s

Cost Recovery Deductions

Acquisition Year

$$840,000$

x

$2\mathrm{.}461\%$

$=$

$$20,672$

Holding Years

$$840,000$

x

$2\mathrm{.}564\%$

$=$

$$21,538$

Disposition Year

$$840,000$

x

$2\mathrm{.}461\%$

$=$

$$20,672$

What is the adjusted basis for the property at the end of year $1?$

Group of answer choices

$$987,184$

$$1,007,823$

$$1,009,823$

$$1,029,328$