Question - Litman LLC placed in service on July 29, 2009 machinery and equipment (7 year property) with a basis of $400,000. Litmans income for the current year before expensing was $100,000. Calculate the maximum depreciation expense including section 179 (but ignoring bonus expensing).
A) 0
B) $57160
C) $142870
D) $271435
E) None of the above