B&P Inc, a Calendar Year Corporation, Purchased Only One Operating Asset

Multiple Choice

B&P Inc., a calendar year corporation, purchased only one operating asset during 2017: $599,900 of used computer equipment (5-year recovery property) placed in service on March 18. Assuming that B&P makes a Section 179 election, compute B&P's adjusted tax basis in the property at the end of 2017. 

A)  $99,900
B)  $71,920
C)  $79,920
D)  $0