L0.2J 3J 9 On June 5, 2018, Javier Sanchez purchased and placed in service a new 7-year class asset costing $560,OOO for use in his landscaping businessJ which he operates as a single member LLC...

L0.2J 3J 9 On June 5, 2018, Javier Sanchez purchased and placed in service a new 7-year class asset costing $560,OOO for use in his landscaping  businessJ which he operates as a single member LLC (Sanchez Landscaping LLC). During 2018, his business generated a net income of
$945,
780 before any § 179 immediate expense election.

1. Rather than using bonus depreciationJ Javier would like to use 179 to expense $200,OOO of this asset and then use regular MACRS to cost recover the remaining cost. Given this information, determine  the cost recovery  deductions  that Javier can claim with respect to this asset in 2018 and 2019.


2. Complete Javier's Form 4562 (page 1) for 201 His Social Security number is 123-45- 6789.