Broadus,a Calendar Year Taxpayer,purchased a Total of $128,300 Tangible Personalty

Multiple Choice

Broadus,a calendar year taxpayer,purchased a total of $128,300 tangible personalty in 2019.Broadus' taxable income without regard to a Section 179 deduction was $92,600.Which of the following statements is true?

A) Broadus can elect to expense only $92,600 of the cost of the personalty under Section 179.
B) Broadus can elect to expense the $128,300 cost of the personalty under Section 179 but can deduct only $92,600 of the expense.
C) Broadus can elect to expense only $35,700 of the cost of the personalty under Section 179.
D) Broadus can elect to expense the $128,300 cost of the personalty under Section 179 but can deduct only $35,700 of the expense.