Below is a 2019 summary taxable income statement for Substantial Corporation, a calendar year accrual basis C Corporation. Assume that average gross revenues for the past three years are at least as great as the current year. What is the maximum total amount of interest expense the corporation can deduct in 2019 due to the limitations under IRC Sec 163(1) as amended by the CARES Act? Gross Revenues Cost of Goods Sold Gross Profit 31,000,000 26,200,000 4,800,000 2,750,000 Regular Loan Interest Expense Floor Plan Interest Expense Depreciation Amortization all other deduction Total Expenses 850,000 200,000 1,390,000 5,190,000 Operating Income ( loss) Interest Income Non-business Capital gain (390,000) 30,000 10,000 Net Income (Loss) (350,000)