Determine the total deductions related to the machine for


White Company acquires a new machine (5-year property) on January 10, 2016, at a cost of $210,000. White makes the election to expense the maximum amount under Section 179. No election is made to use straight-line cost recovery. White does elect not to take additional first year depreciation. Determine the total deductions related to the machine for 2016 assuming White has taxable income of $150,000 before deduction depreciation and no other asset acquisitions for 2016.

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Accounting Basics: Determine the total deductions related to the machine for
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