Clay LLC placed in service machinery and equipment (seven-year property) with a basis of $3,370,000 on June 6, 2022 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) Note: Round final answer to the nearest whole number. Multiple Choice $1,080,000 $481,573 $422,984 Cr