Question: 68. Sid bought a new $ 1,320,000 seven-year class asset on August 2, 2019. On December 2, 2019, he purchased $ 800,000 of used five-year

68. Sid bought a new $ 1,320,000 seven-year class asset on

68. Sid bought a new $ 1,320,000 seven-year class asset on August 2, 2019. On December 2, 2019, he purchased $ 800,000 of used five-year class assets. If Sid elects Code Section 179 and does not take the additional first-year depreciation, what is the maximum cost recovery deduction for the purchases for 2019

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