On July 1, 2022, Ms. K, who is single and owns and operates a specialty shop, paid $17,500 for a new automobile which she uses 60% of the time for business purposes. She purchased no other business assets in 2022. The taxable income of the business before the Sec. 179 deduction is $100,000. If she elects not to claim any bonus depreciation, what is the maximum allowable Sec. 179 deduction that Ms. K may elect to take in 2022