George operates a business that generated revenues of $62 million and allocable taxable income of $1.37 million. Included in the computation of allocable taxable income were deductible expenses of $246,000 of business interest and $256,000 of depreciation. What is the maximum business interest deduction that George will be eligible to claim this year?

A) $411,000

B) $561,600

C) $1,626,000

D) $334,200

E) $260,400