George operates a business that generated revenues of $50 million and allocable taxable income of $1.25 million Included in the computation of allocable taxable income were deductible expenses of $240,000 of business interest and $250,000 of depreciation. What is the business interest limitation that George will be subject to this year if the business does not quality under the gross income test? Multiple Choice O O $490,000 $300,000 $228,000 $375,000 1447000