olga is the proprietor of a small business in 2015 the businesss income before consideration of any cost recover/

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Olga spends $600,000 on new 7-year class assets and elects to take the § 179 deduction on them. She does not claim any available additional first-year depreciation. Olga’s cost recovery deduction for 2015, except for the cost recovery with respect to the new 7-year assets, is $95,000. Determine Olga’s total cost recovery for 2015 with respect to the 7-year class assets and the amount of any § 179 carryforward.

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