Multiple Choice
Prithi acquired and placed in service $190,000 of equipment on August 1,2015 for use in her sole proprietorship.The equipment is 5-year recovery property.No other acquisitions are made during the year.Prithi elects to expense the maximum amount under Sec.179.Prithi's total deductions for the year (including Sec.179 and depreciation) are
A) $38,000.
B) $25,000.
C) $63,000.
D) $58,000.
Correct Answer:

Verified
Correct Answer:
Verified
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