Question: _____________ Michelle has an advertising business that she reports on Schedule C of her personal tax return. On May 1, 2006, Michelle purchased a Toyota Camry for $22,000. She purchased a copier for $30,000 on October 15th and office furniture for $50,000 on November 1st. All assets acquired are new. The Camry is used 90% for business. Her income before depreciation and Section 179 expense is $250,000. If she wants to maximize her deductions in 2006, what is the maximum combined depreciation and Section 179 deduction?
a. $82,664
b. $82,960
c. $99,800
d. $102,000