Crouch LLC Placed in Service on May 19,2017 Machinery and Equipment

Multiple Choice

Crouch LLC placed in service on May 19,2017 machinery and equipment (7-year property) with a basis of $2,200,000.Assume that Crouch has sufficient income to avoid any limitations.Calculate the maximum depreciation expense including §179 expensing (but ignoring bonus expensing) .(Use MACRS Table 1 in the text)

A) $314,380.
B) $340,000.
C) $605,794.
D) $742,930.
E) None of the choices are correct.