In 2018, Steve Purchases $975,000 of Equipment

Multiple Choice

In 2018, Steve purchases $975,000 of equipment. The taxable income of the business before any Section 179 deduction is $10,000. What is Steve's maximum Section 179 deduction in 2018?

A) $10,000
B) $- 0 -
C) $25,000
D) $975,000
E) $500,000