Salvatore owns a business that he operates as a sole proprietor. In $2023,$ Salvatore's business has $$850,000$ of Business Income $($Net Income$)$ before consideration of any $179$ expense deduction. During $2023,$ the company spends $$2,990,000$ on new equipment. Determine Salvatore's $179$ expense deduction for $2023.$

Question $20$ options:

a$)$

$$1,060,000$

b$)$

$$310,000$

c$)$

$$850,000$

d$)$

$$2,990,000$

e$)$

$$1,160,000$