Joe Moran worked in the construction business throughout most of his career. In June of the current year, he sold his interest in Ajax Enterprises LLC for a profit of $300,000. Shortly thereafter, Joe started his own business, which involves the redevelopment of distressed residential real estate. In connection with his new business venture, Joe purchased a dump truck at a cost of $70,000. The new business struggled and showed a net operating loss for the year. Joe is considering expensing the $70,000 cost of the truck under $ 179 on this year's tax return. Evaluate Joe's plan