Andersen Corporation, a calendar year, accrual method, C-Corporation, is in the business of manufacturing glass based product. In 2018, Andersen Corporation had taxable income before any limitations of $500,000. Andersen Corporations had average annual gross receipts over the previous three tax years of $27,000,000. The following items of income and deductions are included in the computation of taxable income:

$400,000 interest expense

$250,000 depreciation

$30,000 interest income

$75,000 amortization

$100,000 research and development expenses

$200,000 executive compensation

Given the information above, how much interest expense can Andersen Corporation deduct in 2018?