Clay LLC placed in service machinery and equipment (seven-year property) with a basis of $3,469,000 on June 6, 2021. Assume that Clay has sufficient income to avoid any limitations. Calculate the maximum depreciation expense including $179 expensing (ignoring any possible bonus depreciation). (Use MACRS Table 1) (Round final answer to the nearest whole number.) Multiple Choice $1,050,000 $498,435 CP