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Littman LLC placed in service on July 29, 2019, machinery and equipment (seven-year property) with a basis of $600,000. Littman's income for the current year before any depreciation deduction was $100,000. Which of the following statements is true to maximize Littman's total depreciation deduction for 2019?
A) Littman should take $179 expense equal to the maximum $1,000,000.
B) Littman should take no $179 expense.
C) Littman's $179 expense will be greater than $100,000.
D) Littman's $179 expense will be less than $100,000
E) None of the choices are correct. de out
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Littman LLC placed in service on July 29, 2019, machinery and equipment (seven-year property) with a...
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