Tan Company Acquires a New Machine (10-Year Property) on January

Multiple Choice

Tan Company acquires a new machine (10-year property) on January 15, 2019, at a cost of $200,000.Tan also acquires another new machine (7-year property) on November 5, 2019, at a cost of $40,000.No election is made to use the straight-line method.The company does not make the § 179 election and elects to not take additional first- year depreciation.Determine the total deductions in calculating taxable income related to the machines for 2019.

A) $24,000
B) $25,716
C) $102,000
D) $132,858
E) None of these.