Crouch LLC placed in service on May 19, 2020, machinery and equipment (seven-year property) with a basis of $3,200,000. Assume that Crouch has sufficient income to avoid any limitations. Calculate the maximum depreciation deduction including 179 expensing (but ignoring bonus depreciation). (Use MACRS Table 1.) A) $457,280 B) $430,000 C) $825,833 D) $1,040,000 E) None of the choices are correct.

Clay LLC placed in service machinery and equipment (seven-year property) with a basis of $3,450,000 on June 6, 2020. 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.)

A) $1,040,000 B) $344,389 C) $467,283 D) $647,283 E) None of the choices are correct.

Answers are bolded. Please show how to calculate the answers.