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Mary purchased and placed into service a new five-year class asset on March 7, 2015....

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Accounting

Mary purchased and placed into service a new five-year class asset on March 7, 2015. The asset was listed property (not an automobile). It was used 55% for business, 5% for the production of income, and the rest of the time for personal use. The asset cost $900,000. Mary made the 179 election. The income from the business before the 179 deduction was $600,000. Mary does take additional first-year depreciation. Determine the total deductions with respect to the asset for 2015?

A. $72,000

B. $271,600

C. $524,000

D. $600,000

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