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Research Problem 3. Andy has operated his moving company, MoveOn, as a sole proprietorship for several years. In the current tax year, MoveOn placed into service $480,000 of property qualifying for immediate expensing under 179, Andy also joined with another local mover to form and operate a storage partnership, The Attic LLC, Andy holds a 90% capital and profits interest in The Attic. This year, The Attic purchased and placed into service $2.2 million of property qualifying for expensing under 179 Andy has $600,000 of taxable income from MoveOn and a $750,000 share of ordinary income from his 90% ownership of The Attic, both before considering any 179 expense. Assuming that Andy wants to maxi- mize his current deductions (without sacrificing future deductions), how much can he elect to deduct under 1792 How are any remaining expenditures treated