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Payco placed in service machinery and equipment (7-year property) with a basis of $2,450,000 on June 6. Assume that Payco has sufficient income to avoid

Payco placed in service machinery and equipment (7-year property) with a basis of $2,450,000 on June 6. Assume that Payco has sufficient income to avoid any limitations. Calculate the maximum depreciation expense including 179 expensing (ignoring any possible bonus expensing), rounded to a whole number:

Question 9 options:

$1,000,000

$1,207,205

$427,244

None of these

$207,205

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