Pyle Inc,a Calendar Year Taxpayer,generated Over $10 Million Taxable Income in in 2019.Pyle

Multiple Choice

Pyle Inc.,a calendar year taxpayer,generated over $10 million taxable income in 2019.Pyle made one asset purchase: new heating and air conditioning system for existing nonresidential real property at a cost of $1,322,000.The system has a 39-year recovery period and was placed in service on February 9.Assuming that Pyle made the Section 179 election with respect to the acquisition,compute Pyle's 2019 cost recovery deduction.

A) $1,000,000
B) $1,026,777
C) $1,007,226
D) $1,322,000