Mary purchased a new five-year class asset on March 7, of the current year. The asset was listed property (not an automobile). It was used 60% for…

Mary purchased a new five-year class asset on March 7, of the current year. The asset was listed property (not an automobile). It was used 60% for business and the rest of the time for personal use. The asset cost $12,000. Mary made the § 179 election. The income from the business before the § 179 deduction was $200,000. Determine the total deductions with respect to the asset for 2018.

A)

$7,200

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