Clay LLC placed in service machinery and equipment (7-year property) with a basis of $2,310,000 on June 6, 2015. Assume that Clay 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. (Assume that the 2014 §179 limits are extended to 2015)
$450,093
$492,948
$878,058
$964,923
None of these