2020 Enterprises, owned by Xio who also manages the businesses, has generated more than $30 million of sales for each of the past five years. This year it is reporting the following income and deduction amounts:

Sales	$35,000,000
Cost of goods sold	(22,000,000)
Other operating expenses	(8,000,000)
Depreciation	(2,000,000)
Preliminary taxable income	$ 3,000,000

Xio just received a statement from the bank reporting interest expense of $1,800,000 on a loan to 2020 Enterprises to fund operations and equipment purchases. How much of the interest expense can 2020 Enterprises deduct in computing this year's taxable income (ignore the CARES Act limitations)?

A) $540,000

B) $900,000

C) $1,500,000

D) $1,800,000