Delta Corporation purchased three assets during 2013: a new automobile costing $60,000, used office furniture costing $600,000,

Question:

Delta purchased three assets during 2013: a new automobile costing $60,000, used office furniture costing $600,000, and a warehouse costing $850,000 (of which $100,000 is for the land). Which asset(s) should Delta elect Section 179 expensing for and why?
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...