Chad, a sole proprietor of a private boat charter business purchased and placed into service en boats for $260.000 each on May 1 Yeart Chad's taxable business income for Year is $800,000. Assuming the Section 179 mit is $1000000 and the phase-out threshold is $2.500.000 weat is the maximum amount any that ad can deduct under Section 17 for year the elects out of bonus depreciation Miple Choice 50 1800.000 o SUDO