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Assume the same facts as in the previous problem. However, for this problem, assume that Bethsie purchased the business equipment for $2,300,000 (instead of $700,000). What is the most that may be deducted in 2013 under Section 179 of the Code (ignore any potential deductions resulting from bonus deprecation or MACRS)?

a. $200,000

b. $460,000

c. $500,000

d. $2,300,000

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