Ellwood and Elmo were equal partners in a used guitar store. In 2014, they bought a used amplifier for use in the store to demonstrate guitars. The amplifier cost $25,000. The taxable income of the business before the Sec. 179 deduction is $18,000. How much Sec. 179 deduction can Ellwood and Elmo each deduct in 2014 if neither has any other Sec. 179 deduction.

1. $0

2. $9,000

3. $12,000

4. $12,500