Question: On July 1 0 , 2 0 2 3 , Ariff places in service a new SUV that cost $ 7 0 , 0 0

On July 10,2023, Ariff places in service a new SUV that cost $70,000 and weighed 6,300 pounds. The SUV is used 100% for business. Determine Ariff's maximum deduction for 2023, assuming Ariff's 179 business income is $110,000. Ariff does not take additional first-year depreciation.
A. $14,000
B. $28,900
C. $37,120
D. $70,000
It says that the answer is C but why is that? Please be detailed

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