ue QUESTION 4 ions Phillip acquired a new piece of agricultural equipment (7 year property) on April 4th for $265,000. This is the only asset acquired during the year. He does not elect immediate expensing under $ 179, and he elected out of bonus depreciation. What is Phillip's depreciation deduction for the year? (Use the tables provided in class] moto pos you link B $37,857 Support $28,393 uoma tandar $37,869 $28,401 k Sol