Tadpole corporation a calendar-year tax payer purchased and

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Tadpole Corporation, a calendar-year tax payer, purchased and places into service machinery with a 7-year life that costs $518,000. The mid-quarter convention does not apply , and the prpperty is not eligible for bonus depreciation. Tadpole elects to depreciate the maximum under Sec. 179. Tadpole's taxable income for the year before the section 179 deduction is $550,000. What is Tadploe's total depreciation deduction related to this property?

Reference no: EM13583484

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