Clay LLC Placed in Service Machinery and Equipment (Seven-Year Property)with

Clay LLC placed in service machinery and equipment (seven-year property) with a basis of $3,464,000 on June 6, 2020. Assume that Clay has sufficient income to avoid any limitations. Calculate the maximum depreciation expense including §179 expensing (ignoring any possible bonus depreciation) . (Use MACRS Table 1.) (Round final answer to the nearest whole number.)

A) $1,040,000
B) $495,006
C) $471,284
D) $637,284
E) None of the choices are correct.