Table 1: Sanjuro Corporation (A Calendar-Year Corporation)purchased and Placed in Service

question 43

Essay

Table 1: Sanjuro Corporation (a calendar-year corporation)purchased and placed in service the following assets during 2013:
All assets are used 100% for business use.The warehouse building does not include the cost of the land on which it is located which was an additional $1,000,000.The corporation has $3,000,000 income from operations before calculating depreciation deductions.Sanjuro Corporation wishes to maximize its overall depreciation deduction for 2013 and is willing to make any necessary elections.
-Refer to the information in Table 1.What is Sanjuro Corporation's maximum total cost recovery deduction for 2013?
a.$512,550
b.$1,193,830
c.$1,731,707
d.$2,175,000

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