Dragon Slayer, a high tech start up that intends to produce a streaming series that will rival Game of Thrones, buys all of its 200 techies a state of the art laptop especially designed for graphics and costing $4,000 each, for a total cost of $800,000. Dragon Slayer does not have an AFS, but in accordance with its written procedures does deduct the entire $800,000 on its "books". Question 3Answer a. Dragon Slayer may deduct the entire $800,000 currently, per the de minimis exception, because it deducts that amount on its books. b. Dragon Slayer may not deduct any of the $800,000 currently because the $4,000 per item exceeds the $500 amount allowed per the de minimis exception. c. Dragon Slayer may not deduct the entire $800,000 currently because it does not have an AFS. d. Dragon Slayer may not deduct the entire amount currently because it does not deduct the full amount on its books