Maple Company Purchases New Equipment (7-Year MACRS Property) on January

Multiple Choice

Maple Company purchases new equipment (7-year MACRS property) on January 10, 2019, at a cost of $430,000. Maple also purchases new machines (5-year MACRS property) on July 19, 2019 at a cost of $290,000.Maple wants to maximize its MACRS deductions; assume no taxable income limitations apply.What is Maple's total MACRS deduction for 2019?

A) $119,447.
B) $560,000.
C) $617,148.
D) $720,000.