Ilene Owns an Unincorporated Manufacturing Business

Multiple Choice

Ilene owns an unincorporated manufacturing business.In 2015,she purchases and places in service $206,000 of qualifying five-year equipment for use in her business.Her taxable income from the business before any Sec.179 deduction is $17,000.Elaine takes the maximum allowable deduction under section 179.Which of the following statements is true regarding the Sec.179 election?

A) Ilene can deduct $25,000 as a section 179 deduction in 2015,with no carryover to next year.
B) Ilene can deduct $19,000 as a section 179 deduction in 2015.
C) IIene can deduct $17,000 as a section 179 deduction in 2015; $2,000 may be carried over to next year.
D) Ilene can deduct $17,000 as a section 179 deduction in 2015 ,with no carryover to next year.