Rex's Wrecks purchased $$1,251,000$ in new equipment during $2024.$ Rex wants to use Section $179$ to expense the maximum amount of the purchase. If Rex is not using bonus depreciation, how much will Rex get to expense under Section $179$ and what will be the adjusted basis of the assets for calculating MACRS depreciation expense?

Section $179$: $$1,251,000$: adjusted basis subject to MACRS$-$$$0$

Section $179-$$$1,000,000$; adjusted basis subject to MACRS$-$$$251,000.$

Section $179-$$$31,000$; adjusted basis subject to MACRS$-$$$1,220,000.$

Section $179-$$$1,220,000$; adjusted basis subject to MACRS$-$ $$31,000$