Warranty cost included in section 179 Asset Cost?

[dazein]

Hello!

In 2021 I purchased an Apple laptop and also purchased the AppleCare warranty. 

I am intending to report this laptop as a section 179 asset for my sole proprietor business. When declaring the cost of this purchase, may I include the cost of the warranty as part of the asset? 

If not, could I include the cost of this warranty as an Insurance cost expense?

Thanks for you help!

Sean

[MaryK4]

You should separate the AppleCare and report as an Insurance expense.  

[dazein]

Thanks for your help with this!