White Company Acquires a New Machine (Seven-Year Property) on January

Multiple Choice

White Company acquires a new machine (seven-year property) on January 10, 2012, at a cost of $600,000.White makes the election to expense the maximum amount under § 179.No election is made to use the straight-line method. White does take additional first-year depreciation.Determine the total deductions in calculating taxable income related to the machine for 2012 assuming White has taxable income of $800,000.

A) $71,593.
B) $128,610.
C) $204,877.
D) $385,296.
E) None of the above.