Sanjuro Corporation (A Calendar-Year Corporation) Purchased and Placed in Service

Multiple Choice

Sanjuro Corporation (a calendar-year corporation) purchased and placed in service the following assets during 2019: $\begin{array}{lcr}\underline{\text {Date Acquired}}&\underline{\text {Asset Description}}&\underline{\text {Cost}}\\\text { February 18}& \text { Warehouse Building } & \$ 2,450,000 \\ \text { June 2 } & \text { Automobile } & 30,000 \\\text { August } 18& \text { Computer Equipment } & 220,000 \\\text { September } 20 & \text { Machinery } & 1,050,000 \\\text { December } 15& \text { Office Equipment } & 885,000\end{array}$

All assets are used 100% for business use.The warehouse building does not include the cost of the land on which it is located which was an additional $1,000,000.The corporation has $3,000,000 income from operations before calculating depreciation deductions.Sanjuro Corporation made whatever elections were necessary to maximize its overall depreciation deduction for 2019.
What would be Sanjuro Corporation's cost recovery deduction for the warehouse for 2020 if it is sold in November of 2020?

A) $62,818
B) $54,966
C) $48,170
D) $3,724