Determine the total cost recovery deductions in calculating


White Company acquires a new machine (seven-year property) on January 10, 2016, at a cost of $600,000. White elects to expense the maximum amount allowed under §179, but elects out of 168(k) and decides not to use the straight-line method. Determine the total cost recovery deductions in calculating taxable income related to the machine for 2016, assuming White has taxable income of $800,000.

a $557,145.
b $514,290.
c $390,868.
d $128,610

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Accounting Basics: Determine the total cost recovery deductions in calculating
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