Question - Thor acquired a machine at a cost of $27,000 for use in his business, and he placed it in service on April 1, 2014. The machine is depreciated under MACRS, with a 7-year recovery period. This machine was the only asset Thor purchased this year. Thor elects to expense $25,000 of the acquisition cost under Tax Code Section 179. What is Thor's total depreciation deduction for the machine in 2014?
A) $28,858
B) $286
C) $25,286
D) $3,858