Which of the following is not considered a limit on the immediate expensing election of Section 179? 

a. Fifty percent of qualified improvement property.

b. Total Section 179­eligible property acquired in excess of $3.5 million.

c. The taxable income of the taxpayer considering all income and deductions except for Section 179 immediate expensing. 

d. An annual limit of $1 million. 

e. None of the above.