Bornei Company acquires used special tools (three-year property) on February 15, 2003, at a cost of $75,000. Bornei also acquires a used machine (five-year property) on November 15, 2003, at a cost of $50,000. No election is made to use the straight-line method. The company does not make the § 179 election. Determine the total deductions in calculating taxable income related to the machines for 2004.
a. $34,998.
b. $39,835.
c. $46,248.
d. $49,338.
e. None of the above.