Crouch LLC Placed in Service on May 19, 2020, Machinery

Multiple Choice

Crouch LLC placed in service on May 19, 2020, machinery and equipment (seven-year property) with a basis of $3,200,000. Assume that Crouch has sufficient income to avoid any limitations. Calculate the maximum depreciation deduction including §179 expensing (but ignoring bonus depreciation) . (Use MACRS Table 1.)

A) $457,280
B) $430,000
C) $825,833
D) $1,040,000
E) None of the choices are correct.