Probest Corporation (a calendar-year corporation) purchased and placed the following assets in service during the year

All assets are used 100 percent for business. $100,000 of the cost of the warehouse property is allocated to the cost of the land. The corporation has $1,000,000 in income from operations before calculating depreciation deductions. What is Probest’s maximum cost recovery deduction for the year?

a. $163,793

b. $529,573

c. $577,186

d. $584,105

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Date Asset March 4 Used automobile May 23 Warehouse Cost $39,000 900,000 October 1 Used office furniture 535,000