In May 2019, Preston purchases 5-year MACRS property costing $150,000 and 7-year MACRS property costing $60,000. Preston's income is $100,000. Preston does not want to claim bonus depreciation. If Preston wishes to maximize his total 2019 cost recovery deduction, what will his total cost recovery deduction be on the properties purchased in 2019?
A. $100,000
B. $122,000
C. $210,000
D. $42,000
E. $34,430
Answer: B
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