16) Clay LLC placed in service machinery and equipment (seven-year property) with a basis of $3,464,000 on June 6, 2020. Assume that Clay has sufficient income to avoid any limitations. Calculate the maximum depreciation expense including $179 expensing (ignoring any possible bonus depreciation). (Round final answer to the nearest whole number.) A) $1,040,000 B) $495,006 C) $471,284 D) $637,284 E) None of the choices are correct