Ryan purchases and places in service in 2021 personal property costing $2,750,000. The taxpayer plans to apply the Sec. 179 deduction, but not bonus depreciation. What is the maximum Sec. 179 deduction that Ryan can deduct, ignoring any taxable income limitation?

A) $920,000

B) $1,050,000

C) $2,620,000

D) $2,750,000