Sophie owns an unincorporated manufacturing business. In 2021, she purchases and places in service $2,627,000 of qualifying five-year equipment for use in her business. Her taxable income from the business before any Sec. 179 deduction is $940,000. Sophie elects to expense the maximum under Sec. 179 and does not apply bonus depreciation. What is Sophie's maximum total cost recovery deduction for 2021?   a. $940,000   b. $1,043,000   c. $1,256,800   d. $1,277,400

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