42. Steel Corporation buys equipment in January of the current year with a seven-year class life for $20,000. The corporation expensed the $20,000 under Sec. 179. The deduction in the year of purchase for E&P purposes due to the acquisition and expensing of the equipment is

A) $1,500.

B) $3,000.

C) $4,000.

D) $15,000.