Laven Company,a Calendar Year Taxpayer,purchased a Total of $561,240 New

Multiple Choice

Laven Company,a calendar year taxpayer,purchased a total of $561,240 new depreciable personalty during 2019.Which of the following statements is true?

A) Laven can elect to expense $561,240 of the cost with a Section 179 deduction.
B) Laven can elect to expense $510,000 of the cost.The $51,240 remaining cost is capitalized and is not depreciable.
C) Laven can expense the entire $561,240 cost using 100% bonus depreciation.
D) The amount of the cost that Laven can elect to expense depends on Laven's 2017 taxable income.