Question: 1 . On July 1 6 , 2 0 2 3 , Corp A acquires and immediately places in service a machine at a cost

1. On July 16,2023, Corp A acquires and immediately places in service a machine at a cost of
$2,700,000. The machine is the only depreciable asset acquired and/or placed in service
during 2023. What is the maximum IRC 179 deduction amount available to Corp A for the year?
A. $ 2,700,000
B.0
C.1,160,000
D.1,080,000
E. None of the above

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