The following information was taken from Buccaneer Corporation's income statement: This is Buccaneers' first year of operations. The company has a 30 percent tax rate. Management decided to use accelerated depreciation for tax purpose and the straight-line method of depreciation for financial reporting purposes. The amount charged to depreciation expense for the year was $600,000. Assuming no other differences existed between book income and taxable income, what amount did Buccaneer deduct for depreciation on its tax return? A. $480,000 B. $564,000 C) $600,000 D) $720,000