$1.$ During $20$x$3,$ calendar year Corp. A purchases office furniture costing $$10,000($salvage value $$1,000),$ a machine costing $$90,000($salvage value $$4,000),$ three computers costing $$12,000($salvage value $$500),$ and an office building costing $$1,060,000,$ $$100,000$ of which is allocated to land.

These are the only acquisitions of depreciable property acquired during the year.

What is the maximum Code Sec. $179$ deduction available for $20$x$3?$

A$.$

$$102,000$

C$.$

$90,000$

$112,000$

E$.$

$100,000$

None of the above

$2.$ Fred Farley spends considerable time each year pursuing