Craig purchases and places in service in 2023 tangible personal property costing $2,900,000 for his business. The taxpayer plans to apply the Sec. 179 deduction, but not bonus depreciation. What is the maximum Sec. 179 deduction that Craig can deduct in the current year, ignoring any taxable income limitation?

		A) $2,900,000
		B) $0
		C) $1,150,000
		D) $1,160,000