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Carla Vista Corporation's partial income statement after its first year of operations is as follows: Income before income taxes $3834000 Income tax expense Current $1105000

Carla Vista Corporation's partial income statement after its first year of operations is as follows: Income before income taxes $3834000 Income tax expense Current $1105000 Deferred 96300 1201300 Net income $2632700 Carla Vista uses the straight-line method of depreciation for financial reporting purposes and accelerated depreciation for tax purposes. The amount charged to depreciation expense on its books this year was $2870000. No other differences existed between book income and taxable income except for the amount of depreciation. Assuming a 20% tax rate, what amount was deducted for depreciation on the corporation's tax return for the current year?

$2388500

$3351500

$766800

$2870000

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