Jimmy purchases and places in service in 2022 personal property costing $2,780,000. The taxpayer plans to apply the Sec. 179 deduction, but not bonus depreciation. What is the maximum Sec. 179 deduction that Jimmy can deduct, ignoring any taxable income limitation?

		$2,700,000
		$0
		$1,000,000
		$1,080,000
		None of the above.