Benedict Corporation is a calendar year C corporation and has had gross receipts in excess of $27 million for the past decade. The corporation manufactures retail goods. In the current year, the corporation has adjusted taxable income (ATI) of $1,350,000, $36,000 of business interest income, zero floor plan financing, and $460,000 of business interest expense. Considering the business interest limitation under 163(j), how much business interest can Benedict deduct in the current year? Business interest deduction: If some of the current year interest expense is not deducible currently, what happens to the disallowed interest? A. Any interest expense deduction disallowed in the current year is lost. B. Any interest expense deduction disallowed in the current year carries back 3 years and forward 5 years. C. Any interest expense deduction disallowed in the current year carries forward, indefinitely, until deducted.