A partnership has $$23,000$ of depreciation expense and $$25,000$ of Section $179$ expense. How are the depreciation and Section $179$ expenses reported?

Multiple Choice

Both as separately stated items.

As a $$48,000$ ordinary expense item.

Depreciation is treated as a $$23,000$ ordinary expense, and the $$25,000$ Section $179$ expense is separately stated.

Section $179$ is treated as a $$25,000$ ordinary expense, and the $$23,000$ depreciation is separately stated.