Question: Please help me understand! Thank you! 3 5 . Tim purchases machinery for $ 1 , 3 0 0 , 0 0 0 in 2

Please help me understand! Thank you!
35. Tim purchases machinery for $1,300,000 in 2022 for use in his business. He has $3,000,000 in taxable income from the business during the year and makes a valid section 179 election for the maximum section 179 tax deduction. In addition to any section 179 deduction, how much can Tim also claim as additional bonus depreciation for the machinery in 2022?(Ignore any inflation adjustments.)
a. $300,000
b. $1,000,000
c. $1,700,000
d. $3,000,000
e. $3,300,000

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