Fancy Flowers Corporation (Average Annual Gross Receipts of $35 million) computed its taxable income to be $500,000 this year after deducting the following items: Taxes $400,000 Amortization $200,000 Depreciation Expense $300,000 Interest Expense $1,000,000 The Company's computation of taxable income also included $100,000 of interest income. How much of Fancy Flowers $1,000,000 in interest expense is the company entitled to deduct this year?