$On$ June $15,2023,$ Chang purchases $$2,937,000of$ equipment $(seven-$year property$)$ for use $in$ their business. $Itis$ their only purchase $of$ business property $in2023.$ Chang has taxable income from their business $of$ $$2\mathrm{.}5$ million before any cost recovery. $a.$ Assuming Chang does not elect Section $179$ and elects out $of$ bonus depreciation, what $is$ their total $2023cost$ recovery?

fill $in$ the blank $1of1$$

$419,697$

$b.$ Assuming Chang elects the maximum Section $179$ deduction allowable and elects out $of$ bonus depreciation, what $is$ their total $2023cost$ recovery?

fill $in$ the blank $1of1$$

$c.$ Assuming Chang elects the maximum Section $179$ deduction allowable and does not elect out $of$ bonus depreciation, what $is$ their total $2023cost$ recovery?

fill $in$ the blank $1of1$$ TABLE $8\mathrm{.}2$ ACCELERATED DEPRECIATION FOR PERSONAL PROPERTY ASSUMING HALF$-$YEAR CONVENTION $(FOR$ PROPERTY PLACED $IN$ SERVICE AFTER DECEMBER $31,1986)$

Recovery

Year $3-$Year

$(200\%DB)5-$Year

$(200\%DB)7-$Year

$(200\%DB)10-$Year

$(200\%DB)15-$Year

$(150\%DB)20-$Year

$(150\%DB)$

$133\mathrm{.}3320\mathrm{.}0014\mathrm{.}2910\mathrm{.}005\mathrm{.}003\mathrm{.}750$

$244\mathrm{.}4532\mathrm{.}0024\mathrm{.}4918\mathrm{.}009\mathrm{.}507\mathrm{.}219$

$314\mathrm{.}81*19\mathrm{.}2017\mathrm{.}4914\mathrm{.}408\mathrm{.}556\mathrm{.}677$

$47\mathrm{.}4111\mathrm{.}52*12\mathrm{.}4911\mathrm{.}527\mathrm{.}706\mathrm{.}177$

$511\mathrm{.}528\mathrm{.}93*9\mathrm{.}226\mathrm{.}935\mathrm{.}713$

$65\mathrm{.}768\mathrm{.}927\mathrm{.}376\mathrm{.}235\mathrm{.}285$

$78\mathrm{.}936\mathrm{.}55*5\mathrm{.}90*4\mathrm{.}888$

$84\mathrm{.}466\mathrm{.}555\mathrm{.}904\mathrm{.}522$

$96\mathrm{.}565\mathrm{.}914\mathrm{.}462*$

$106\mathrm{.}555\mathrm{.}904\mathrm{.}461$

$113\mathrm{.}285\mathrm{.}914\mathrm{.}462$

$125\mathrm{.}904\mathrm{.}461$

$135\mathrm{.}914\mathrm{.}462$

$145\mathrm{.}904\mathrm{.}461$

$155\mathrm{.}914\mathrm{.}462$

$162\mathrm{.}954\mathrm{.}461$

$174\mathrm{.}462$

$184\mathrm{.}461$

$194\mathrm{.}462$

$204\mathrm{.}461$

$212\mathrm{.}231$

$*Switchto$ straight$-$line depreciation.